SJM Holdings (00880) Plans Proposed Issuance of US Dollar-Denominated Senior Notes

Stock News01-05

The issuer, a wholly-owned subsidiary of the company, is proposing an international offering of notes. These notes will be offered and sold pursuant to Regulation S of the U.S. Securities Act solely to non-U.S. persons outside the United States. A series of fixed-income investor meetings and conference calls is scheduled to commence on or around January 5, 2026. If issued, the notes will benefit from an irrevocable and unconditional guarantee provided by the company. Should the notes be issued, the company intends to use the net proceeds from the proposed offering for refinancing the group's existing debt and for general corporate purposes.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment