News Detail

Carter's Subsidiary William Carter Company Intends To Commence Offering Of $500M Aggregate Principal Amount Of Senior Notes Due 2031

Benzinga · 6d ago

Listen to the news

Carter's, Inc. ("Carter's") (NYSE:CRI) today announced that its wholly-owned subsidiary, The William Carter Company (the "Company"), intends to commence an offering of $500,000,000 aggregate principal amount of senior notes due 2031 (the "notes"), subject to market and other conditions.

The Company intends to use the net proceeds from this offering of notes, together with cash on hand, to (i) redeem all of its outstanding 5.625% senior notes due 2027 (the "2027 Notes") and (ii) pay related fees and expenses.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.

What's Trending

No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.