debt
confidence high
sentiment neutral
materiality 0.55
Flex Ltd. issues $500M of 5.250% Notes due 2032
FLEX LTD.
- Issued $500M aggregate principal of 5.250% Notes due January 15, 2032.
- Interest payable semiannually on Jan 15 and Jul 15, beginning Jan 15, 2025.
- Notes are senior unsecured, rank equally with existing senior unsecured debt.
- Company may redeem at any time; holders can require repurchase on change of control.
- Underwriting agreement with Barclays, Scotia Capital, Truist, and U.S. Bancorp.