May 24 (Reuters) - Global Water Resources Inc GWRS.O
* Note purchase agreement to issue 2 series of senior
secured notes for $115 million at interest rate of 4.55%
* Will use proceeds to refinance its existing long-term debt
of $107 million and pay associated prepayment penalties of $3.2
million
* "Expect this debt refinancing to significantly improve our
annual cash flow"
Source text for Eikon: ID:nCNWH8c8da
Further company coverage: GWRS.O
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