Wayfair Prices $400 Million Senior Secured Notes Offering

MT Newswires Live05-14

Wayfair (W) said Wednesday its Wayfair LLC unit priced a private placement of $400 million in 7.125% senior secured notes due 2034.

Net proceeds from the offering will be used to repay a portion of the company's debt, as well as for general corporate purposes.

The offering is set to close Monday.

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