SAFE Security Refinances; Will Pursue Continued Growth With $130M in Capital
Paul Sargenti, president and chief executive officer of SAFE Security, San Ramon, Calif., announced that Bank of America leads a five bank syndicate that has refinanced SAFE Security’s senior debt facility. The new facility provided by the Bank of Montreal, One West Bank, Madison Capital, and US Bank in addition to the Bank of America provides SAFE Security with $130 million of capital to pursue its growth strategy.