RICHMOND, Va., Sept. 29, 2017 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), today announced its intent to offer $500 million aggregate principal amount of 10-year senior unsecured notes, subject to market and other conditions. The notes will be general unsecured obligations guaranteed by the company’s existing and future U.S. subsidiaries that are guarantors under the new credit facility.

Proceeds from the notes are expected to be used in part to repay the existing revolving credit facility, the existing term loan, certain other existing indebtedness and certain fees and expenses related to the closing of the transactions. Remaining net proceeds are expected to be used for working capital needs, capital expenditures, acquisitions and other general corporate purposes.

About The Brink’s Company

The Brink’s Company (NYSE:BCO) is the world’s premier provider of cash management, secure logistics and security solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), international transportation of valuables, and payment services. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our global network of operations in 40 countries serve customers in more than 100 countries. For more information, please call 804-289-9709.