debt
confidence high
sentiment neutral
materiality 0.78
H.B. Fuller prices $850 million of 7.625% senior notes due 2034
FULLER H B CO
- H.B. Fuller priced $850 million aggregate principal amount of 7.625% senior unsecured notes due 2034 at 100% of principal.
- The Notes Offering is expected to close on or about October 21, 2026, subject to customary closing conditions.
- Net proceeds will help fund the acquisition of Advanced Medical Solutions Group plc (AMS), repay credit agreement borrowings, and redeem 4.000% notes due 2027.
- If the AMS acquisition is not completed by June 25, 2027, H.B. Fuller must redeem $450 million of the notes at 100% of issue price plus accrued interest.
- The notes were offered privately under Rule 144A/Regulation S and are not registered under the Securities Act.