Newell Brands plans private offering of $500 million senior notes due 2031
NWL•Newell Brands launches $500 million senior notes offering
Newell Brands launched a private offering of $500 million of senior unsecured notes due 2031.
Proceeds, together with cash on hand, are earmarked to redeem its outstanding 6.375% senior notes due 2027.
The offering is targeted at qualified institutional buyers under Rule 144A, with a Regulation S tranche outside the U.S.
