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Gates Industrial Indirect Unit Plans $500 Million Senior Notes Offering
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Gates Industrial Indirect Unit Plans $500 Million Senior Notes Offering
May 22, 2024 6:22 AM

09:00 AM EDT, 05/22/2024 (MT Newswires) -- Gates Industrial ( GTES ) said Wednesday its indirect unit, Gates Corp., plans to offer $500 million of senior notes due 2029.

The company said it intends to use the net proceeds from the offering to help refinance certain debt.

Price: 17.51, Change: -0.33, Percent Change: -1.85

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