Hasbro Announces Pricing of Public Offering of Notes [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
public offering (the "Offering") of $400,000,000 aggregate principal amount of 4.650% Notes due 2031 (the "Notes"). The Notes will accrue interest beginning March 12, 2026 with semi-annual payments commencing September 12, 2026. Subject to customary closing conditions, the Offering is expected to settle and close on or about March 12, 2026. The net proceeds from the Offering will be $397 million, after giving effect to the underwriting discount but not estimated offering expenses payable by Hasbro. Hasbro intends to use the net proceeds of the Offering for general corporate purposes, including to redeem or repay outstanding indebtedness. BofA Securities, Inc., J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Scotia Capital (USA) Inc. are acting as joint book-running managers for the Offering. The Offering is being made pursuant to an effective shelf registration statement, including a base prospectus dated May 6, 2024, that has been filed with the Securities and Exc
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