APi Group to pay down term loan borrowings with notes proceeds

By Sara Rosenberg

New York, June 14 – APi Group Corp. plans to repay its $249 million term loan due Oct. 1, 2026 obtained in 2020 and a portion of its term loan obtained in 2019 with proceeds from a $300 million senior notes offering, according to a market source.

APi is a New Brighton, Minn.-based business services provider of safety, specialty and industrial services.

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