Spectrum Brands Announces Pricing of Private Offering of $300 Million of New Exchangeable Senior Notes
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Spectrum Brands Holdings, Inc. (SPB)
Last spectrum brands holdings, inc. earnings: 4/30 06:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75225&p=irol-irhome
Company Research
Source: Business Wire
MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Parent”), announced today that its wholly-owned subsidiary, Spectrum Brands, Inc. (“Spectrum Brands” or the “Company”) has priced its private offering of $300 million in aggregate principal amount of its 3.375% exchangeable senior notes due 2029 (the “Exchangeable Notes”) in a private placement (the “Offering”) to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”).The Company intends to use the net proceeds from the Offering (i) to fund the $21.6 million cost of entering into the capped call transactions (as described below), (ii) to repurchase approximately $50 million of shares of common stock of Parent (“Parent Common Stock”) concurrently with the pricing of the offering of the Exchangeable Notes in privately negotiated transactions effected through one of the initial purchasers or its affiliates and (iii) for general corporate purposes.In connection w
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News
- Spectrum Brands Holdings, Inc. (NYSE: SPB) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $114.00 price target on the stock.MarketBeat
- Spectrum Brands Announces Pricing Terms and Accepted Tender Amounts for its Tender Offer and Consent Solicitation [Yahoo! Finance]Yahoo! Finance
- Spectrum Brands Announces Pricing Terms and Accepted Tender Amounts for its Tender Offer and Consent SolicitationBusiness Wire
- Spectrum Brands Announces Early Results and Upsizing of its Previously Announced Tender Offer and Consent Solicitation [Yahoo! Finance]Yahoo! Finance
- Spectrum Brands Announces Early Results and Upsizing of its Previously Announced Tender Offer and Consent SolicitationBusiness Wire
SPB
Earnings
- 5/9/24 - Beat
SPB
Sec Filings
- 5/31/24 - Form SD
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- SPB's page on the SEC website