Latest news with #FeliseGlantzKissell
Yahoo
06-03-2025
- Business
- Yahoo
Aramark to Participate in Upcoming UBS Investor Conference
PHILADELPHIA, March 06, 2025--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Financial Officer, James Tarangelo, will participate in the UBS Global Consumer and Retail Conference on Thursday, March 13, 2025, with a featured Fireside Chat session beginning at 10:00 a.m. ET. A live audio webcast and replay of the fireside chat session will be available through the Investor Relations section of the Aramark website at About Aramark Aramark (NYSE: ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on Contacts Inquiries Felise Glantz Kissell (215) 409-7287Kissell-Felise@ Gene Cleary (215) 409-7945Cleary-Gene@
Yahoo
18-02-2025
- Business
- Yahoo
Aramark Announces Successful Closing of Debt Refinancing
Fully Repaid 2025 U.S. Senior Notes Actions Extend Maturities and Further Enhance Financial Flexibility PHILADELPHIA, February 18, 2025--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that the Company successfully closed on a debt refinancing, raising approximately $1,395 million as an add-on to its existing Term Loan B, with a maturity date in 2030. The refinancing was significantly oversubscribed, which led to upsizing the Term Loan B. The proceeds were used to fully repay $552 million of 2025 U.S. Senior Notes, as well as to refinance $839 million of 2027 Term Loan B. These transactions are 1) net leverage neutral, 2) at comparable interest rates, and 3) further extend maturities. "We are extremely pleased with the favorable outcome of our debt refinancing and the strong market demand for the transaction," said Jim Tarangelo, Aramark's Chief Financial Officer. "The Company will continue to proactively pursue opportunities to further enhance our capital structure given our financial flexibility with a focus on shareholder value creation." About AramarkAramark (NYSE: ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on Contacts Inquiries Felise Glantz Kissell(215) 409-7287Kissell-Felise@ Gene Cleary(215) 409-7945Cleary-Gene@ Sign in to access your portfolio
