Griffon Corporation Announces Senior Notes Offering
Griffon Corporation intends to offer $800 million in aggregate principal amount of senior unsecured notes due 2034 via a private placement to qualified institutional buyers. Proceeds from the offering, along with cash on hand and revolver borrowings, will be used to redeem all outstanding 5.75% Senior Notes due 2028.
Key figures
- Deal Value Usd
- 800000000
- Target note rate
- 5.75%
- New note due year
- 2034
- Target note due year
- 2028
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