debt
confidence high
sentiment neutral
materiality 0.55
Harrow prices $50M add-on of 8.625% senior notes due 2030
HARROW, INC.
- Priced $50.0M aggregate principal of 8.625% senior unsecured notes due 2030 in private offering.
- Notes issued as additional series under existing indenture with $250M notes from Sept 2025; same terms.
- Issue price 100.25% of principal plus accrued interest from March 15, 2026; closing expected March 27, 2026.
- Net proceeds for general corporate purposes including growth initiatives, product development, and strategic opportunities.
- Interest payable semi-annually on March 15 and September 15; first payment Sept 15, 2026.