06:28 AM EDT, 05/09/2024 (MT Newswires) -- Hasbro ( HAS ) on Wednesday priced a public offering of $500 million in 6.05% notes due 2034.

The offering is expected to close around May 14 subject to customary conditions. The toy and children's entertainment products company intends to use the offering's estimated net proceeds of around $495 million for general corporate purposes, including repayment of other debt.