debt
confidence high
sentiment neutral
materiality 0.60
Carlisle issues $850M in senior notes to refinance credit facility used for Henry acquisition
CARLISLE COMPANIES INC
- Issued $300M 0.550% senior notes due 2023 and $550M 2.200% senior notes due 2032 (total $850M).
- Net proceeds used mainly to repay $650M of credit facility debt incurred for Henry Company acquisition.
- Offering expected to close September 28, 2021, subject to customary conditions.
- Underwriters include J.P. Morgan, BofA Securities, and Wells Fargo.