Aramark Services (ARMK) Provides Preliminary Q2 Results
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Aramark Provides Preliminary Second Quarter Fiscal 2020 Results
April 22, 2020 9:14 AM EDTPerformance Highlights Flexibility of Cost Structure and Diversification of Business
Announces Amendment of Credit Agreement for Added Financial Flexibility
PHILADELPHIA--(BUSINESS WIRE)-- 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,... More
Aramark Announces Offering of Senior Notes
April 22, 2020 9:13 AM EDTPHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK) announced today that its indirect wholly owned subsidiary, Aramark Services, Inc. (the Issuer), intends to privately offer $1,250 million aggregate principal amount of senior unsecured notes due 2025 (the Notes). The Issuer intends to use the net proceeds from the offering of the Notes for general corporate purposes.
The offering of the Notes is being made in reliance upon an exemption from the registration requirements of the Securities Act of 1933, as amended (the Securities Act), to investors who are reasonably believed to be qualified institutional buyers in accordance with Rule... More
Aramark to Hold Conference Call on Second Quarter 2020 Earnings
April 21, 2020 7:30 AM EDTCEO John Zillmer and CFO Tom Ondrof to Lead Call
PHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter 2020 earnings on Tuesday, May 5, 2020 at 8:30 a.m. ET. A news release containing second quarter 2020 results will be issued before the call.
The broadcast of the... More
