Insight Enterprises Prices $500 Million Notes Offering-August 2024-www.financetom.com

Insight Enterprises Prices $500 Million Notes Offering

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Insight Enterprises Prices $500 Million Notes Offering

May 15, 2024 1:49 PM

04:16 PM EDT, 05/15/2024 (MT Newswires) -- Insight Enterprises ( NSIT ) said late Wednesday it has priced $500 million of 6.625% notes due 2032.

Net proceeds will be used to repay a part of the outstanding borrowings under a revolving credit facility due 2027, and any remaining net proceeds will be for general corporate purposes, the company said.

The sale of the notes is expected to close Monday.

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