debt
confidence medium
sentiment neutral
materiality 0.50
Lineage OP announces proposed private offering of senior notes; proceeds to repay revolver
Lineage, Inc.
- Lineage OP, LP commences private offering of senior notes (amount not disclosed) to qualified institutional buyers.
- Notes will be senior unsecured obligations, fully guaranteed by Lineage, Inc. and its subsidiaries.
- Net proceeds to repay revolving credit facility borrowings and for general corporate purposes.
- Offering not registered under Securities Act; offered only to QIBs and non-U.S. persons.
item 7.01item 9.01