debt
confidence high
sentiment neutral
materiality 0.75
Church & Dwight issues $400M of 2.300% Senior Notes due 2031 for TheraBreath acquisition
CHURCH & DWIGHT CO INC /DE/
- $400M aggregate principal of 2.300% Senior Notes due December 15, 2031.
- Proceeds to fund portion of recently announced TheraBreath brand acquisition.
- Notes redeemable at par after September 15, 2031, or earlier at Treasury rate plus 15 bps.
- If TheraBreath acquisition not closed by April 23, 2022, Company will redeem the Notes.