debt
confidence high
sentiment neutral
materiality 0.45
Belden launches €450M notes offering at 4.250% to redeem 2027 notes
BELDEN INC.
- Offering of €450M 4.250% senior subordinated notes due 2033 priced at 100% of par.
- Net proceeds plus cash on hand will redeem all outstanding 3.375% notes due 2027.
- Redemption date expected Feb 11, 2026, conditioned on closing of the notes offering.
- Notes guaranteed by domestic subsidiaries that also guarantee the revolving credit facility.