debt
confidence high
sentiment neutral
materiality 0.55
Insight Enterprises prices $500M of 6.625% senior notes due 2032
INSIGHT ENTERPRISES INC
- Priced $500M aggregate principal of 6.625% senior notes due 2032.
- Interest of 6.625% payable semiannually on May 15 and Nov 15, starting Nov 15, 2024.
- Net proceeds to repay portion of borrowings under the senior secured revolving credit facility and for general corporate purposes.
- Closing expected May 20, 2024, subject to customary closing conditions.
- Notes are senior unsecured obligations, guaranteed by certain U.S. subsidiaries.