debt
confidence high
sentiment neutral
materiality 0.60
Americold Realty Trust closes $500M public offering of 5.409% Notes due 2034
AMERICOLD REALTY TRUST
- Issued $500M aggregate principal of 5.409% senior unsecured notes due Sept 12, 2034 via underwritten public offering.
- Notes fully and unconditionally guaranteed by Americold Realty Trust, Inc. and certain subsidiaries.
- Interest payable semi-annually on March 12 and Sept 12, starting March 12, 2025.
- Offering proceeds for general corporate purposes; covenants include limitations on debt and asset encumbrance.
- Redemption price before June 12, 2034 is greater of 100% principal or make-whole premium, thereafter at par.