debt
confidence high
sentiment neutral
materiality 0.55
Newell Brands prices $1.25B of 8.50% senior notes due 2028 to refinance 2026 notes
NEWELL BRANDS INC.
- Upsized and priced $1.25B aggregate principal of 8.50% senior unsecured notes due 2028.
- Net proceeds plus cash on hand to redeem in full outstanding 4.20% senior notes due 2026.
- Offering expected to close May 22, 2025, subject to customary closing conditions.
- Notes offered via Rule 144A/Reg S; not registered under Securities Act of 1933.