The Notes will be fully and unconditionally guaranteed on an unsecured, unsubordinated basis by certain of ACT’s wholly-owned subsidiaries who are guarantors under ACT’s Senior Credit Facilities (as defined in the Issuer’s Preliminary Offering Memorandum)
Use of Proceeds
The Company expects to use the net proceeds from the sale of the Notes primarily for the repayment of indebtedness, including without limitation the refinancing of the 2026 Euro Notes, and to pay certain fees and expenses in connection therewith.