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ServiceMaster pays down all $40 million of borrowings under revolver
By Angela McDaniels
Tacoma, Wash., March 30 - ServiceMaster Co. repaid all outstanding borrowings under its $500 million revolving credit facility on Dec. 21, according to its 10-K report for 2009 filed with the Securities and Exchange Commission on Tuesday.
The amount outstanding at that time was $40 million.
The company borrowed a total of $165 million under the revolver in September 2008 and repaid $125 million of that in July 2009.
ServiceMaster is a Downers Grove, Ill., provider of maintenance services to residential and commercial customers.
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