Spectrum Brands upsizes tender offer to $1.16B, accepts 95.8% of 2026 notes, prorates 2031 notes at 76%

Spectrum Brands Holdings, Inc.

Upsized maximum purchase price from $925M to $1,160.5M for tender offer across four note series.
Accepted €407.34M (95.84%) of 2026 notes, $284.23M (98.32%) of 2029, $142.48M (91.49%) of 2030 notes.
For 2031 notes, accepted $285.68M of $375.11M tendered (76% proration); Total Consideration $971.88/$1,000.
Executed supplemental indentures to eliminate restrictive covenants and shorten redemption notice periods.

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