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Market Chatter: Hasbro Launches $500 Million Bonds Offering
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Market Chatter: Hasbro Launches $500 Million Bonds Offering
May 8, 2024 12:33 PM

03:08 PM EDT, 05/08/2024 (MT Newswires) -- Hasbro ( HAS ) offered $500 million in bonds on Wednesday, its first debt issuance in almost five years, Bloomberg reported Wednesday, citing a person with knowledge of the matter.

The board games developer is offering bonds with 10-year maturity and will use the proceeds for general corporate purposes, the report said.

The company has hired Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), and Bank of Nova Scotia (BNS) as agents, according to the report.

Hasbro ( HAS ) didn't immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 61.24, Change: +0.08, Percent Change: +0.13

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