Reported Earlier, Carter's Announces $575M Senior Notes Offering At 7.375% Due 2031, With Proceeds To Redeem 2027 Notes And Fund General Purposes

Benzinga · 4d ago
            
 
 
  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"), (ii) pay related fees and expenses and (iii) with remaining amounts, for general corporate purposes. This press release does not constitute a notice of redemption or an offer to redeem or purchase any of the outstanding 2027 Notes.
 
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