Garda World Security gets C$340 million three-year credit facility

By Sara Rosenberg

New York, March 12 - Garda World Security Corp. closed on a new C$340 million three-year credit facility, according to a news release.

The facility consists of a C$125 million revolver and a C$215 million term loan.

Proceeds from the new bank deal, along with $250 million and C$75 million of notes, were used to refinance the company's existing credit facility.

Garda is a Montreal-based cash logistics and physical security company.

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