Source: Business Wire

Press Release: Acuren : Acuren Corporation Announces Debt Repricing

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 ma

Read full article »
Est. Annual Revenue
$500M-1.0B
Est. Employees
5.0-10K
Talman B. Pizzey's photo - CEO of Acuren

CEO

Talman B. Pizzey

CEO Approval Rating

91/100

Read more