debt
confidence high
sentiment neutral
materiality 0.60
Matthews calls all $300M of 8.625% senior secured notes due 2027 at 104.313% on Jan 22
MATTHEWS INTERNATIONAL CORP
- Notice of redemption for all $300M aggregate principal of 8.625% Senior Secured Second Lien Notes due 2027.
- Redemption date set for January 22, 2026; price 104.313% of principal plus accrued interest.
- Notes carried 8.625% coupon; full redemption eliminates that high-cost liability.
- Company provided no detail on refinancing source; call includes a premium over par.