Aramark Announces Offering of Senior Notes

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Go back to Aramark Announces Offering of Senior Notes

Aramark Services (ARMK) Provides Preliminary Q2 Results

April 22, 2020 9:16 AM EDT

Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, provided preliminary results for the second quarter fiscal 2020 in conjunction with a proposed offering of debt securities. The Companys second quarter performance reflects the benefits of its highly diversified businessextensive offerings, sectors, geographies, and client portfolioand low fixed cost, low asset intensity operating model. In addition, Aramark and its secured lenders agreed to amend the covenants on their secured facilities to further enhance the Companys financial flexibility.

We are taking timely, proactive steps to adapt the Company to... More