Rollins announced that the Company entered into a new credit agreement which provides for a $1.0B senior unsecured revolving credit facility which refinanced the Company’s existing credit facility that was scheduled to mature in April 2024. "We are excited to announce the closing of this new facility that helps modernize our capital structure enabling us to continue to execute our balanced capital allocation strategy," said Kenneth Krause, Executive Vice President, CFO & Treasurer. "While we expect to continue to drive strong cash flow performance that will continue to support our growth strategy, this new facility provides us enhanced optionality and flexibility that is commensurate with our investment grade profile," Krause added.
Published first on TheFly
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