Hasbro Prices $400M 4.65% Notes Due 2031 for Debt Repayment
Hasbro priced a $400 million underwritten offering of 4.650% notes due 2031, with interest accruing from March 12, 2026 and semiannual payments from September 12, 2026. Net proceeds of $397 million will fund general corporate purposes, including redemption or repayment of outstanding debt.
1. Offering Pricing and Terms
Hasbro priced a $400 million underwritten offering of 4.650% notes due 2031, with interest accruing from March 12, 2026 and semiannual payments from September 12, 2026.
2. Use of Proceeds
Net proceeds of $397 million, after underwriting discounts, will support general corporate purposes, including redeeming or repaying outstanding debt.
3. Settlement and Underwriting
Subject to customary closing conditions, the offering is expected to settle around March 12, 2026, with BofA Securities, J.P. Morgan, Citigroup and Scotia Capital as joint book-running managers.