Brinks announces $500 million offering of 10-year notes

By Paul A. Harris

Portland, Ore., Sept. 29 – Brinks Co. announced in a Friday press release that it plans to offer $500 million of 10-year senior notes (Ba2) via Rule 144A and Regulation S.

The Richmond, Va.-based provider of cash management and security services plans to use the proceeds to repay revolving credit facility, term loan and certain other debt, with remaining proceeds to be used for working capital, capital expenditures, acquisitions and for other general corporate purposes.

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