Plans private offering of up to $400M senior unsecured notes due 2034
Net proceeds, together with cash on hand, are intended to redeem all $400M of Prestige Brands' outstanding 5.125% Senior Notes due 2028 and pay related fees and expenses. - The 2034 notes will be senior unsecured obligations of Prestige Brands and guaranteed by the company and certain domestic subsidiaries.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.