secwatch / observer
8-K filed June 16, 2023, 7:59 PM ET ticker FBIN CIK 0001519751
debt confidence high sentiment neutral materiality 0.55

Fortune Brands Innovations, Inc. (FBIN): debt financing — Fortune Brands Innovations issues $600M of 5.875% Senior Notes due 2033 to refinance 2023 notes

Fortune Brands Innovations, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Fortune Brands Innovations, Inc. incurred senior notes of $600 million with Wilmington Trust, National Association, as trustee, and Citibank, N.A., as securities agent at 5.875% per annum maturing June 1, 2033.

Instrument
senior notes
Principal
$600 million
Counterparty
Wilmington Trust, National Association, as trustee, and Citibank, N.A., as securities agent
Rate
5.875% per annum
Maturity
June 1, 2033
Event
incurrence
Exact text from the filing
issued $600 million aggregate principal amount of the Company's 5.875% Senior Notes due 2033
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fortune Brands Innovations, Inc. entered into Fifth Supplemental Indenture with Wilmington Trust, National Association, as trustee, and Citibank, N.A., as securities agent valued at $600 million aggregate principal amount (effective 2023-06-14).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association, as trustee, and Citibank, N.A., as securities agent
Value
$600 million aggregate principal amount
Effective
2023-06-14
Exact text from the filing
On June 14, 2023, Fortune Brands Innovations, Inc. (the “Company”) (i) entered into a Fifth Supplemental Indenture date as of June 14, 2023 (the “Supplemental Indenture”), supplementing the Indenture dated as of June 15, 2015 (the “Base Indenture”) with Wilmington Trust, National Association, as trustee, and Citibank, N.A., as securities agent (the Base Indenture and the Supplemental Indenture, together, the “Indenture”), and (ii) issued $600 million aggregate principal amount of the Company’s 5.875% Senior Notes due 2033 (the “Notes”) pursuant to the Indenture.
View on SEC.gov

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Fortune Brands Innovations, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-169036
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