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Newell Brands Announces Upsizing and Pricing of $600 Million 6.250% Senior Notes due 2031

  • Newell Brands announced the upsizing & pricing of $600 million in 6.250% senior unsecured notes due 2031.
  • The offering is exempt from registration under the Securities Act of 1933 & is restricted to qualified institutional buyers & non-U.S. persons.
  • The transaction is expected to close on August 19, 2026, subject to customary conditions.
  • Net proceeds will be used to fully redeem outstanding 6.375% senior notes due 2027, pay offering & redemption fees, & repay a portion of the asset-based revolving credit facility.
  • The press release explicitly states it does not constitute an offer to sell or solicit an offer to buy securities.
  • Forward-looking statements warn that actual results may differ due to market volatility & other risks detailed in SEC filings.