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Newell Brands Prices Offering of $750 Million of 2030 Notes, $500 Million of 2032 Notes
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Newell Brands Prices Offering of $750 Million of 2030 Notes, $500 Million of 2032 Notes
Oct 30, 2024 1:22 PM

04:28 AM EDT, 10/30/2024 (MT Newswires) -- Newell Brands ( NWL ) said late Tuesday it priced a public offering of $750 million of 6.375% notes due 2030 and $500 million of 6.625% notes due 2032.

Net proceeds will be used to redeem the company's outstanding 4.875% senior notes due 2025 and 4.2% senior notes due 2026, Newell said.

Closing of the offering is expected to occur on Nov. 13, subject to customary conditions.

Price: 9.00, Change: +0.01, Percent Change: +0.11

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