TOMBALL, Texas–(BUSINESS WIRE)–Acuren Corporation (the “Company” or “Acuren”) (OTCQX: TICA), a leading provider of asset integrity services, today announced that it had successfully completed the repricing of its $773 million term loan.
The term loan was repriced at SOFR + 275, representing a 75 basis point reduction of the applicable margin. This reduction is expected to reduce cash interest expense by approximately $5.8 million annually. The term loan maturity date of 2031, and all other material pro
Source: NDT