Garda World Security Corporation, one of the largest privately owned business solutions and security services companies in the world, announced today that it successfully completed its previously announced private offering of US$300.0 million aggregate principal amount of 7.25% senior notes due 2021.

GardaWorld further announced it has successfully completed the refinancing of its existing credit facilities. The new senior secured credit facilities are comprised of a seven-year US$540.0 million senior secured term loan facility (of which US$110.0 million may be drawn in connection with GardaWorld's acquisition of G4S Canada), a seven-year Cdn$135.0 million senior secured term loan facility and a five-year US$150.0 million senior secured revolving credit facility.

Proceeds from the Notes offering and the new senior secured credit facilities will be used to fund the tender offers for any and all of its existing 9.75% U.S. dollar denominated senior notes due 2017 and its existing 9.75% Canadian dollar denominated senior notes due 2017, to refinance its existing credit facilities, to pay related fees and expenses and for general corporate purposes.

Headquartered in Montreal, Canada, Garda World Security Corporation provides business solutions and security services around the world.