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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 5/3/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Aramark Services to redeem 4¾% notes due 2026 on June 2

By Rebecca Melvin

Concord, N.H., May 3 – Aramark Services, Inc. plans to redeem in full its $500 million of 4¾% senior notes due 2026, according to a company news release.

The optional redemption will be completed using available cash on hand on June 2.

The debt repayment will result in annual interest expense savings of nearly $25 million, according to the release.

The Philadelphia-based professional services company provides food, hospitality and facility management services as well as uniform and work apparel.


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