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Stock impact report

United Site Services Successfully Completes Financial Recapitalization and New Growth Investment [Yahoo! Finance]

PJT Partners Inc. Class A (PJT) 
Last pjt partners inc. class a earnings: 4/28 06:50 am Check Earnings Report
Company Research Source: Yahoo! Finance
MERIDIAN, Idaho March 5, 2026 /PRNewswire/ -- United Site Services (the "Company"), the largest national provider of portable sanitation services and complementary site solutions in the United States, announced today that it has successfully completed a comprehensive financial recapitalization, significantly strengthening its balance sheet and positioning the Company for accelerated growth. The Company has implemented its Plan of Reorganization, which was confirmed by the U.S. Bankruptcy Court on February 27, 2026. The Company achieved the objectives set for this process, reducing its funded debt level by $2.4 billion and infusing the Company with new capital, including $480 million in new equity financing, $300 million in new-money term loans, a $195 million ABL credit facility, and a separate $100 million revolving credit facility. The Company maintained uninterrupted operations throughout the transaction, delivering on its commitments to employees, customers, and vendors. Unit Show less Read more
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