June 26, 2017 4:43 AM ET

Commercial Services and Supplies

Company Overview of Garda World Security Corp.

Company Overview

Garda World Security Corporation, together with its subsidiaries, provides security services in North America, Europe, Africa, Asia, and the Middle East. The company operates in two segments, Protective Services and Cash Services. It offers security and risk management services; and safeguards people and assets in various sectors, including natural resources, property management, health care, governments, special events, and transportation. The company also provides airport pre-board security screening services in 28 airports in Canada; licensed security guards, mobile patrols, alarm response units, labor disputes, security crisis management, and special events security management services, ...

1390 Barré Street

Montreal, QC H3C 1N4

Canada

Founded in 1995

62,000 Employees

Phone:

855-464-2732

Fax:

514-281-2860

Key Executives for Garda World Security Corp.

Founder, Chairman, Chief Executive Officer and President
Age: 52
Chief Financial Officer and Senior Vice President
Chief Executive Officer of Gardaworld Cash Services
Age: 49
President & COO - International Protective Svcs - International
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2016.

Garda World Security Corp. Key Developments

Garda World Security Corporation Announces Completion of CAD 2.2 Billion Refinancing of its Credit Facilities and Senior Notes

Garda World Security Corporation announced the completion of a CAD 2.2 billion refinancing of its credit facilities and senior notes. This refinancing ensures the company's long term future and positions it for its next wave of growth. The new facilities include USD 500 million senior notes due 2025, USD 174 million senior notes due 2021, USD 862 million term loan due in 2024, USD 100 million term loan due in 2024 as well as a USD 232.5 million revolving facility due in 2022.

Garda World Security Corporation Announces Results of its Offer to Purchase Outstanding 7.25% Senior Notes

Garda World Security Corp. announced that as of 8:00 a.m., New York City time on May 26, 2017, which was the “Expiration Time” for the previously announced cash tender offer and consent solicitation for any and all of its outstanding U.S. dollar denominated 7.25% Senior Notes due 2021 (CUSIP Nos./ISINs 36485M AG4/US36485MAG42, C36025 AC5/USC36025AC51, 36485M AJ8/US36485MAJ80 and C36025 AD3/USC36025AD35), as reported by the tender agent, $83,137,000 principal amount of the Notes had been tendered in the Offer and not validly withdrawn, representing approximately 18.89% of the aggregate outstanding principal amount of the Notes. The company also announced that on May 26, 2017, it had accepted for purchase and purchased all Notes validly tendered and not validly withdrawn pursuant to the terms of the Offer. Holders who validly tendered their Notes at or before 5:00 p.m. (New York City time) on April 21, 2017 received the total consideration equal to $1,015 per $1,000 principal amount of Notes purchased pursuant to the Offer, plus accrued and unpaid interest from the last interest payment date up to but not including the payment date. Holders who tendered their Notes and whose Notes were accepted for purchase at or prior to the Expiration Time but after the Early Tender Deadline received the tender offer consideration equal to $960 per $1,000 principal amount of Notes purchased pursuant to the Offer, plus accrued and unpaid interest from the last interest payment date up to but not including the payment date. The Offer is a separate offer from the company’s offer to purchase the Notes made pursuant to the company’s Offer to Purchase, dated April 17, 2017, as amended by press releases issued on May 8, 2017 and May 18, 2017. The Change of Control Offer was made pursuant to the indenture dated as of November 8, 2013, under which the Notes were issued in order to satisfy the requirement to make an offer to repurchase the Notes upon the occurrence of a Change of Control (as defined in the indenture).

Garda World Security Corp. Presents at Barclays High Yield Bond and Syndicated Loan Conference, Jun-08-2017 10:10 AM

Garda World Security Corp. Presents at Barclays High Yield Bond and Syndicated Loan Conference, Jun-08-2017 10:10 AM. Venue: The Broadmoor, 1 Lake Avenue, Colorado Springs, Colorado, United States. Speakers: Patrick Prince, Chief Financial Officer and Senior Vice President.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 23, 2017
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