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SAFE Security gets $130m refi

March 4, 2013SSN Staff

SAN RAMON, Calif.—A five-bank syndicate led by Bank of America has refinanced SAFE Security's senior debt facility with a $130 million capital infusion, according to a company statement. The capital will be used toward the company's growth strategy. “In concert with our equity partners at ICV, this expansion of our senior credit lines will provide the capital that SAFE needs to execute its long term growth strategy and stay on track with strategic acquisitions and geographic expansion,”...

Bank of America, Bank of Montreal, Madison Capital, One West Bank, Paul Sargenti, SAFE Security, US Bank