debt
confidence high
sentiment positive
materiality 0.75
Harrow prices $250M 8.625% notes due 2030; proceeds to repay $107.5M Oaktree facility and redeem 2026/2027 notes
HARROW, INC.
- $250M 8.625% senior unsecured notes due 2030 priced at par; interest semi-annual starting March 15, 2026.
- Proceeds to repay $107.5M Oaktree facility, redeem $75M 8.625% 2026 notes and $40.25M 11.875% 2027 notes.
- Closing expected September 12, 2025, subject to customary conditions; guaranteed by certain domestic restricted subsidiaries.
- Remaining proceeds for general corporate purposes, including potential business development.