BrightView Announces Extension of Term Loan and Receivables Financing Maturities
BrightView Holdings, Inc. (NYSE: BV) today announced that it has successfully extended the maturity of each of its senior secured term loans from April 2029 to June 2033 and its receivables financing facility from June 2027 to June 2029.
“We are pleased to announce the extension of the maturity date of our debt facilities, which reflects the continued confidence our lending partners have in our business and our financial position,” said Brett Urban, BrightView Chief Financial Officer.
“Based on the continued execution of our One BrightView strategy and ongoing progress towards the 2030 objectives highlighted at our February 2025 Investor Day, we saw considerable demand from investors. We are grateful for the support of our lenders and look forward to continuing to build on this partnership as we advance our growth objectives.”
Urban added, “The maturity extensions strengthen our balance sheet flexibility, provide additional runway to execute our strategic priorities, and ensures we remain well-positioned to pursue long-term value creation for our stakeholders.”
About BrightView:
BrightView (NYSE: BV), the nation’s largest commercial landscaper, proudly designs, creates, and maintains the best landscapes on Earth and provides the most efficient and comprehensive snow and ice removal services. With a dependable service commitment, BrightView brings brilliant landscapes to life at premier properties across the United States, including business parks and corporate offices, homeowners' associations, healthcare facilities, educational institutions, retail centers, resorts and theme parks, municipalities, golf courses, and sports venues. BrightView also serves as Major League Baseball Field Consultant. Through industry-leading best practices and sustainable solutions, BrightView is invested in taking care of our team members, engaging our clients, inspiring our communities, and preserving our planet. Visit www.BrightView.com and connect with us on X, Facebook, and LinkedIn.
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