debt
confidence high
sentiment neutral
materiality 0.60
Avery Dennison prices $400M of 5.75% Senior Notes due 2033; proceeds to refinance debt
Avery Dennison Corp
- $400M aggregate principal of 5.750% Senior Notes due 2033; closing expected March 15, 2023.
- Net proceeds to repay commercial paper and $250M of 3.35% notes maturing April 15, 2023.
- Underwriting syndicate includes BofA, Citigroup, Mizuho, HSBC, SMBC Nikko.