Brinks Co BCO.N :
* BRINK'S SECURES ADDITIONAL TERM LOAN FINANCING OF $590 MILLION
* SAYS EXPECTED TO INCREASE LIQUIDITY TO APPROXIMATELY $1.5 BILLION UPON CLOSING
* SAYS HAS NO LONG-TERM DEBT MATURITIES UNTIL 2024.
* SAYS UPON COMPLETION OF G4S (CSE:G4S) ACQUISITION IT EXPECTS TO HAVE AVAILABLE LIQUIDITY OF APPROXIMATELY $800 MILLION
* HAS WITHDRAWN ITS 2020 GUIDANCE AND PLANS TO PROVIDE AN UPDATE ON BUSINESS CONDITIONS WHEN IT RELEASES FIRST-QUARTER 2020 RESULTS
* TAKING ACTION TO REDUCE DIRECT, VARIABLE COSTS IN RESPONSE TO TEMPORARY NEAR-TERM REVENUE DECLINES RELATED TO COVID-19
* SUBSTANTIALLY REDUCING CAPITAL EXPENDITURES AND CLOSELY MANAGING WORKING CAPITAL TO MAXIMIZE FREE CASH FLOW