BrightView Announces Successful Term Loan Repricing
BrightView Holdings, Inc. (
NYSEBV) today announced that it has successfully completed a repricing of its $738,000,000 senior secured term loan due 2029. The repricing reduces the applicable interest rate on the Term Loan to Term SOFR plus 2.00%, down from the previous Term SOFR plus 2.50%. All other terms remain substantially unchanged. Coupled with the repricing from May 2024, the Company estimates that repricing the Term Loan will produce cash interest expense savings of approximately $7.5 million annually and approximately $35 million through maturity.
BrightView Holdings, Inc. Announces First Quarter Fiscal Year 2025 Earnings Release Date, Conference Call and Webcast
BrightView Holdings, Inc. (
NYSEBV) will release its earnings results for the first quarter fiscal year 2025 after the market closes on Wednesday, February 5, 2025. BrightView will hold a conference call to discuss its results the following morning, Thursday, February 6, 2025, at 8:30 a.m. EST. Instructions to join the conference call are provided below:
BrightView to Participate in Upcoming CJS Securities 25th Annual New Ideas for the New Year Conference
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Brett Urban, Executive Vice President, Chief Financial Officer, will participate in the following investor conference:
BrightView Declares Cash Dividend Payment on Preferred Stock
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $9.0 million on its Series A Preferred Stock. The dividend represents payment for the period from September 30, 2024 to December 30, 2024, and will be paid on January 2, 2025 to holders of record as of December 15, 2024. Today’s dividend announcement marks the fourth consecutive quarterly cash payment made possible by the Company’s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.
BrightView to Host Investor Day
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, will host an Investor Day in New York City on Wednesday, February 19, 2025.
BrightView Announces Record Adjusted EBITDA for Fourth Quarter and Full Year Fiscal 2024; Projects Fiscal 2025 Revenue and Adjusted EBITDA Growth
BrightView Holdings, Inc. (
NYSEBV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the three months and full fiscal year ended September 30, 2024.
BrightView to Participate in Upcoming Craig-Hallum Capital Group Investor Conference
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Brett Urban, Executive Vice President, Chief Financial Officer, will participate in the following investor conference:
BrightView Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast
BrightView Holdings, Inc. (
NYSEBV) will release its earnings results for the fourth quarter and fiscal year 2024 after the market closes on Wednesday, November 13, 2024. BrightView will hold a conference call to discuss its results the following morning, Thursday, November 14, 2024, at 8:30 a.m. EST. Instructions to join the conference call are provided below:
BrightView Empowers 21,000 Team Members with Pink Hats in Support of Breast Cancer Awareness Month
In a powerful show of solidarity, BrightView (
NYSEBV), the nation’s leading commercial landscaping company, is providing all 21,000 team members across the country with specially designed pink hats to wear throughout October in honor of Breast Cancer Awareness Month. This initiative not only equips BrightView’s teams, but also sends a bold, visible message of hope and support as employees work in communities nationwide.
BrightView Declares Cash Dividend Payment on Preferred Stock
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $9.0 million on its Series A Preferred Stock. The dividend represents payment for the period from June 30, 2024 to September 29, 2024, and will be paid on October 1, 2024 to holders of record as of September 15, 2024. Today’s dividend announcement marks the third consecutive quarterly cash payment made possible by the Company’s balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.
BrightView Reports Third Quarter Earnings With Record EBITDA; Reaffirms Midpoint of Full Year Revenue, EBITDA, and Margin Guidance, and Raises Free Cash Flow Guidance
BrightView Holdings, Inc. (
NYSEBV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the third quarter ended June 30, 2024.
BrightView Holdings, Inc. Announces Third Quarter Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast
BrightView Holdings, Inc. (
NYSEBV) will release its earnings results for the third quarter fiscal year 2024 after the market closes on Wednesday, July 31, 2024. BrightView will hold a conference call to discuss its results the following morning, Thursday, August 1, 2024, at 8:30 a.m. EDT. Instructions to join the conference call are provided below:
BrightView to Participate in Upcoming CJS Securities Investor Conference
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Chris Stoczko, Vice President of Finance, will participate in the following investor conference:
BrightView Announces Increase and Extension of Receivables Financing Facility
BrightView Holdings, Inc. (
NYSEBV) (“Company”) today announced that its wholly-owned subsidiary, BrightView Funding LLC, has increased the overall size of its existing receivables financing agreement (the “Receivables Facility”) from $275 million to $325 million and extended its maturity date from June 2025 to June 2027. The Receivables Facility, a flexible source of debt and the Company’s least costly borrowing method, now includes an “accordion feature” that allows for an additional $100 million increase to the borrowing capacity. PNC Bank, National Association will continue to serve as administrative agent.
BrightView Declares Cash Dividend Payment on Preferred Stock
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.91 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2024 to June 30, 2024, and will be paid on July 1, 2024 to holders of record as of June 15, 2024. Today’s dividend announcement marks the second consecutive quarterly cash payment made possible by the Company’s balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.
BrightView Transforms Historic Rickwood Field for MLB Special Game
History will be made June 20, when the San Francisco Giants and St. Louis Cardinals play in the first ever regular season Major League Baseball (MLB) game to be held at historic Rickwood Field in Birmingham, Alabama. And BrightView (
NYSEBV), the nation’s leading commercial landscaping company, is playing a critical role by ensuring the field conditions meet current MLB standards.
BrightView Announces Successful Term Loan Repricing
BrightView Holdings, Inc. (
NYSEBV) (“Company”) today announced that it has successfully completed a repricing of its $738,000,000 senior secured term loan (the “Term Loan”) due 2029. The repricing reduces the applicable interest rate on the Term Loan to Term SOFR plus 2.50%, down from the previous Term SOFR plus 3.00% to 3.25%. All other terms remain substantially unchanged. The Company estimates that repricing the Term Loan will produce cash interest expense savings of approximately $3.7 million annually.
BrightView Announces Pricing of Secondary Offering Anchored by T. Rowe Price Investment Management
BrightView Holdings, Inc. (
NYSEBV) (“BrightView”) today announced the pricing of an underwritten secondary offering by a selling stockholder affiliated with KKR & Co. Inc. (the “Selling Stockholder”) of 17,500,000 shares of common stock of BrightView pursuant to a registration statement filed by BrightView with the U.S. Securities and Exchange Commission (the “SEC”). No shares are being sold by BrightView. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on May 23, 2024, subject to customary closing conditions.
BrightView to Participate in Upcoming Baird Investor Conference
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, today announced that members of its management team, including Dale Asplund, President and Chief Executive Officer, and Brett Urban, Executive Vice President, Chief Financial Officer, will participate in the following investor conference:
BrightView Reports Second Quarter Fiscal 2024 Results, Reaffirms Midpoint 2024 EBITDA Guidance and Raises Free Cash Flow and Margin Guidance
BrightView Holdings, Inc. (
NYSEBV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2024.
BrightView Holdings, Inc. Announces Second Quarter Fiscal Year 2024 Earnings Release Date, Conference Call and Webcast
BrightView Holdings, Inc. (
NYSEBV) will release its earnings results for the second quarter fiscal year 2024 after the market closes on Wednesday, May 1, 2024. BrightView will hold a conference call to discuss its results the following morning, Thursday, May 2, 2024, at 8:30 a.m. EST. Instructions to join the conference call are provided below:
BrightView Partners with Red Wing Shoes to Equip 18,000 Team Members with Safety Boots
BrightView (
NYSEBV), the nation’s leading commercial landscaping company, today announced a strategic partnership with Red Wing Shoes to help equip over 18,000 team members with high-quality footwear that seeks to address the environmental hazards on the job site. This new program reflects BrightView's unwavering investment in its team's safety and well-being.
BrightView Declares Cash Dividend Payment on Preferred Stock
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.91 million on its Series A Preferred Stock. The dividend represents payment for the period from December 31, 2023 to March 30, 2024, and will be paid on April 1, 2024, to holders of record as of March 15, 2024.
BrightView Announces Upcoming Investor Conference Schedule
BrightView Holdings, Inc. (
NYSEBV), the leading commercial landscaping services company in the United States, announced today that it will participate in the following investor events:
BrightView Reports First Quarter Fiscal 2024 Results, Reaffirms 2024 Guidance and Announces Sale of Non-Core Business
BrightView Holdings, Inc. (
NYSEBV) (the “Company” or “BrightView”), the leading commercial landscaping services company in the United States, today reported unaudited results for the first quarter ended December 31, 2023.
