Petco Announces $650 Million Senior Secured Notes Offering

Reuters01-21
Petco Announces $650 Million Senior Secured Notes Offering

Petco Health and Wellness Company Inc. has announced an offering of $650,000,000 in aggregate principal amount of new senior secured notes. The company plans to use the net proceeds from the sale of these notes, along with borrowings under a new term loan facility and cash on hand, to repay its existing term loan facility, cover related fees and expenses, and for general corporate purposes. The offering is subject to pricing and customary closing conditions. Full details are available at https://www.prnewswire.com/news-releases/petco-announces-650-000-000-offering-of-senior-secured-notes-302666827.html.

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. Petco Health and Wellness Company Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA67794) on January 21, 2026, and is solely responsible for the information contained therein.

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