Newell Brands (NWL) said late Tuesday it priced a public offering of $750 million of 6.375% notes due 2030 and $500 million of 6.625% notes due 2032.
Net proceeds will be used to redeem the company's outstanding 4.875% senior notes due 2025 and 4.2% senior notes due 2026, Newell said.
Closing of the offering is expected to occur on Nov. 13, subject to customary conditions.
Price: 9.00, Change: +0.01, Percent Change: +0.11
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