Garrett Motion Reprices Term Loan and Repays $50M Early
Garrett Motion (GTX) has repriced its $635 million term loan due in 2032 and made an early repayment of $50 million. The company stated that the new interest rate on borrowings under this facility will be based on the secured overnight financing rate.
Tickers: $GTX
Topics: debt restructuring early repayment term loan repricing