Garda World Security debt refinancing to include new senior notes

By Paul A. Harris and Sara Rosenberg

Portland, Ore., Oct. 18 - Garda World Security Corp. announced in a Friday press release that it plans to offer new senior notes as part of an effort to refinance its senior secured credit facilities and its dollar- and Canadian dollar-denominated senior notes due 2017.

The refinancing also includes an approximately $825 million senior secured credit facility via RBC Capital Markets, BofA Merrill Lynch, TD Securities (USA) LLC and Mizuho Securities USA Inc., which is set to launch at a bank meeting on Tuesday, according to a market source.

Garda is a Montreal-based provider of business solutions and security services. G4S Cash is a provider of risk management and secure transit of valuables such as currency, diamonds, jewelry and more.

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