Viad Says It Maintains Its Previously Disclosed Outlook For Year Ending Dec. 31, 2024; Launched Process To Effect Potential Repricing Of Credit Spread On Its $400M Term Loan B
Portfolio Pulse from Benzinga Newsdesk
Viad Corp has reaffirmed its financial outlook for the year ending December 31, 2024, and has initiated a process to potentially reprice the credit spread on its $400 million Term Loan B, according to an SEC filing.

April 17, 2024 | 12:51 pm
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Viad Corp reaffirms its financial outlook for 2024 and is exploring options to reprice the credit spread on its $400M Term Loan B.
Reaffirming its financial outlook suggests confidence in the company's future performance, which could positively influence investor sentiment. The attempt to reprice the credit spread on its substantial term loan indicates proactive financial management, potentially reducing interest expenses and improving profitability.
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