secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001193125-25-280375
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's issues $575M 7.375% senior notes due 2031; to redeem 5.625% notes due 2027
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- Net proceeds of ~$567M after fees; used to redeem all $575M of 5.625% senior notes due 2027.
- Notes are senior unsecured, fully guaranteed by Carter's and domestic subsidiaries; redeemable on/after Nov 15, 2027.
- Company expects to enter new $750M ABL credit facility on or about Nov 17, 2025, replacing existing revolver.
- Notes sold to QIBs and non-U.S. persons under Rule 144A/Reg S; not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000119312525280375/0001193125-25-280375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000119312525280375/d774262d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-280375

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