BrightView extends term loan maturity to 2033, receivables facility to 2029

BrightView Holdings, Inc. (NYSE: BV) has extended the maturity of its senior secured term loans from April 2029 to June 2033 and its receivables financing facility from June 2027 to June 2029, according to a company statement.

Chief Financial Officer Brett Urban attributed the extension to lender confidence in the company's financial position. "We saw considerable demand from investors," Urban said, citing the company's ongoing execution of its One BrightView strategy and progress toward objectives outlined at its February 2025 Investor Day.

Urban added that the extensions "strengthen our balance sheet flexibility" and provide additional runway to execute the company's strategic priorities.

You May Also Be Interested In

• Senate votes to halt Iran war unless Trump gets approval from Congress
• Jack in the Box completes $500M securitized debt refinancing
• Ameris Bank plans Nashville office expansion by year-end