Team (TISI) Announces Refinancing Transaction
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Team, Inc. Announces Refinancing Transaction
March 13, 2025 6:55 AM EDTSUGAR LAND, Texas, March 13, 2025 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) (TEAM or the Company), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced that it has successfully closed on a refinancing transaction (the Transaction) that lowers the Companys cost of capital and terms out its capital structure.
The Transaction consists of a First Lien Term Loan Facility (the First Lien Facility) provided by HPS Investment Partners, LLC (HPS) that... More
