Carter’s Closes $575 Million Senior Notes Offering

Reuters11-14
Carter's Closes $575 Million Senior Notes Offering

Carter's, Inc. announced the closing of its previously announced sale of $575 million aggregate principal amount of 7.375% senior notes due 2031. The notes were sold by its wholly-owned subsidiary, The William Carter Company. Net proceeds from the offering were approximately $567 million after deducting related fees and expenses. Carter's intends to use the proceeds, along with cash on hand, to redeem all outstanding 5.625% senior notes due 2027, pay related fees and expenses, and for general corporate purposes. The notes were offered to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S. The notes and related guarantees have not been registered under the Securities Act or any state securities laws.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carter's Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113335019) on November 13, 2025, and is solely responsible for the information contained therein.
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