{"id":14998,"date":"2025-01-21T00:53:00","date_gmt":"2025-01-21T00:53:00","guid":{"rendered":"https:\/\/iesinspection.com\/?p=14998"},"modified":"2025-01-21T00:53:00","modified_gmt":"2025-01-21T00:53:00","slug":"acuren-corporation-announces-successful-debt-repricing","status":"publish","type":"post","link":"https:\/\/iesinspection.com\/?p=14998","title":{"rendered":"Acuren Corporation Announces Successful Debt Repricing"},"content":{"rendered":"<p>TOMBALL, Texas&#8211;(BUSINESS WIRE)&#8211;Acuren Corporation (the &#8220;Company&#8221; or &#8220;Acuren&#8221;) (OTCQX: TICA), a leading provider of asset integrity services, today announced that it had successfully completed the repricing of its $773 million term loan.<\/p>\n<p>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&#013;<br \/>\nSource: NDT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOMBALL, Texas&#8211;(BUSINESS WIRE)&#8211;Acuren Corporation (the &#8220;Company&#8221; or &#8220;Acuren&#8221;) (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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[45],"_links":{"self":[{"href":"https:\/\/iesinspection.com\/index.php?rest_route=\/wp\/v2\/posts\/14998"}],"collection":[{"href":"https:\/\/iesinspection.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iesinspection.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iesinspection.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/iesinspection.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14998"}],"version-history":[{"count":0,"href":"https:\/\/iesinspection.com\/index.php?rest_route=\/wp\/v2\/posts\/14998\/revisions"}],"wp:attachment":[{"href":"https:\/\/iesinspection.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iesinspection.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iesinspection.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}