Bank of America CorpBank of America led the syndicate for AECOM's new $500 million credit facility.
AECOM has appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Rottblatt, who previously served as Chief Operating Officer at Supernal, brings more than two decades of leadership experience, including 15 years in the global aviation industry, and will be based in California. The hire follows a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, and a Barclays price target cut to $90 from $110 with an Equal Weight rating.
Bank of America CorpBank of America led the syndicate for AECOM's new $500 million credit facility.
Barclays PLCBarclays cut AECOM price target to $90 from $110.
Aecom Technology CorporationBarclays cut price target to $90 from $110, but new credit agreement and hire are positive signals.