follow us:Google+ FacebookLinkedInTwitterRSS Feeds


Hill refinances its debt


Back to Top Comments Email Print

Latest News


    Hill International, a Marlton-based construction risk manager, announced Monday that it had refinanced its existing senior debt facilities.

    Hill said in a news release that Societe Generale’s U.S. affiliate SG Americas Securities, LLC, will provide $165 million in facilities, including a six-year term loan of $120 million and five-year revolving credit of $45 million.

    The $45 million facility includes a $30 million U.S. dollar-denominated one, and a $15 million Euro-denominated one made available to the Hill subsidiary Hill International N.V.

    In addition, Hill said it would conduct an offering of 8 million shares of common stock, with KeyBanc Capital Markets Inc. serving as book-running manager.

    Hill will use the new debt facilities and the stock offering to pay off its existing senior credit facility and an existing second lien term loan.


    EDITORIAL: For-profit hospitals need to reveal their profits

    Leapfrog Hospital Safety Survey results released

    New Jersey F1 race may be postponed again

    Share This Story On:
    Eric Strauss

    Eric Strauss

    Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at or @acerimrat on Twitter.



    Be the first to comment.

    Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

    Post Comment
         View Comment Policy

    Advanced search
    Sponsored by
    Back to Top