PE-Backed Garda World to Raise $50M in Senior Notes
Garda World Security Corp., a Montréal-based cash logistics and security solutions business, has commenced a private offering of US$50.0 million of additional senior notes due in 2017. Proceeds of the offering will be used to repay borrowings under the company's revolving credit facility and for general corporate purposes. Garda was taken private for $1.1 billion by British buyout firm Apax Partners and Stephan Cretier, the company's chairman and CEO, in November 2012.
11 June 2013•4 mins read
