OUTFRONT Media Announces Pricing of Senior Unsecured Notes Offering
OUTFRONT Media priced a $500 million private offering of 6.000% Senior Notes due 2034. The company intends to use the net proceeds, along with existing cash and securitization borrowings, to redeem its outstanding 5.000% Senior Notes due 2027.
Key figures
- Deal Value Usd
- 500000000
- Coupon rate
- 6.000%
- Issue price
- 100.0%
- Maturity year
- 2034
- Redemption target
- 5.000% Senior Notes due 2027
AI analysis
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