Brief: Bright Horizons Family Solutions Inc Co's Unit Enters Into An Amendment Credit Agreement

Bright Horizons Family Solutions

24/11/2021 11:52

Nov 24 (Reuters) - Bright Horizons Family Solutions Inc
 BFAM.N :
    * BRIGHT HORIZONS FAMILY SOLUTIONS INC - ON NOV 23, 2021
CO'S UNIT
ENTERED INTO AN AMENDMENT AGREEMENT
    * BRIGHT HORIZONS FAMILY SOLUTIONS - AMENDMENT AGREEMENT,
THROUGH
SECOND AMENDED & RESTATED CREDIT AGREEMENT, AMENDS UNIT'S
CERTAIN CREDIT AGREEMENT
    * BRIGHT HORIZONS FAMILY SOLUTIONS INC - NEW CREDIT
AGREEMENT
PROVIDES FOR A NEW SEVEN-YEAR $600 MILLION TERM B LOAN FACILITY
    * BRIGHT HORIZONS FAMILY SOLUTIONS INC - NEW CREDIT
AGREEMENT ALSO
PROVIDES FOR, AMONG OTHER THINGS, A NEW FIVE-YEAR $400 MILLION
TERM A LOAN FACILITY
    * BRIGHT HORIZONS FAMILY SOLUTIONS INC - NEW CREDIT
AGREEMENT ALSO
MAINTAINS UNIT'S $400 MILLION REVOLVING CREDIT FACILITY MATURING
IN MAY 2026

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Further company coverage:  BFAM.N 

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