Reuters logo
a year ago
BRIEF-Global Water Resources announces note purchase agreement for $115 mln
May 24, 2016 / 11:51 AM / a year ago

BRIEF-Global Water Resources announces note purchase agreement for $115 mln

May 24 (Reuters) - Global Water Resources Inc

* Note purchase agreement to issue 2 series of senior secured notes for $115 million at interest rate of 4.55%

* Will use proceeds to refinance its existing long-term debt of $107 million and pay associated prepayment penalties of $3.2 million

* "Expect this debt refinancing to significantly improve our annual cash flow" Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below