MONTRÉAL, Aug. 6, 2024
/PRNewswire/ - GardaWorld Security Corporation ("GardaWorld" or the
"Company"), a global champion in security services, AI-enabled
security technologies, integrated risk management and cash
automation solutions, is pleased to announce that it has
successfully closed an amendment to its existing Term B credit
facilities of 2,315.7 million of US dollars. The amendment
aims a repricing and reduction of interest rates of 0.75%, which
will allow the Company to reduce its annual financial expenses by
approximately 24 million of CAD dollars.
In a busy market, GardaWorld's disciplined growth strategy
continues to receive strong support from the investment community,
driven by a proven track record of revenue growth and profit
margins appreciation.
As the Company enters the second half of the year, it will focus
on executing a rich pipeline of profitable acquisition
opportunities, further strengthening its global champion business
platforms.
About GardaWorld
GardaWorld is an
entrepreneurial-minded corporation that builds global champions in
security services, AI-enabled security technologies, integrated
risk management and cash automation solutions, employing more than
132,000 highly skilled and dedicated professionals across the
globe. Driven by a relentless entrepreneurial culture and core
values of integrity, vigilance, trust and respect, GardaWorld's
global champions offer sophisticated, tailored security and
technology solutions through high-touch partnerships and
consistently superior service delivery. With a deep understanding
that security is critical to the organizational resilience of
business operations and the safety of communities, GardaWorld is
committed to impeccable governance, professional care and the
well-being of everyone. Thanks to a well-earned reputation,
GardaWorld businesses are long-standing security partners of choice
to some of the most prominent brands, influential individuals,
Fortune 500 corporations and governments. For more information,
visit gardaworld.com.
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SOURCE GardaWorld Security Corporation