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Insight Enterprises Closes $500 Million Notes Offering
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Insight Enterprises Closes $500 Million Notes Offering
May 20, 2024 9:51 AM

12:20 PM EDT, 05/20/2024 (MT Newswires) -- Insight Enterprises ( NSIT ) on Monday completed its $500 million offering of 6.625% senior notes due May 15, 2032.

The net proceeds were used to repay a portion of the outstanding borrowings under a senior secured revolving credit facility due 2027, the company said in a regulatory filing.

The company can redeem 40% of aggregate principal amount of the notes before May 15, 2027, at a redemption price of 106.625% of principal amount, plus accrued and unpaid interest.

Price: 209.20, Change: +2.41, Percent Change: +1.17

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