Newell Brands issues USD 600 million 6.25% senior notes due 2031
NWL•Newell Brands issues $600 million senior notes due 2031
- Newell Brands issued USD 600 million of 6.25% senior notes due 2031 in an unregistered offering.
- Net proceeds earmarked to redeem its 6.375% senior notes due 2027, cover related fees, and repay part of its five-year asset-based revolver.
- Redemption of the 2027 Notes is set for Aug. 20 at 101.53% of principal, excluding accrued interest.
