Newell Makes Tender Offers to Buy Back More Debt
Flush from the sale of Pure Fishing and Jostens, NWL is seeking to buy back about $1.5 billion of its outstanding notes through two tender offers. It wants to repurchase any and all of its $350 million of 3.150% notes due 2021, and the rest in a waterfall offer that gives first priority to its $1.75 billion of 5.500% notes due 2046 with four other tranches of ... Log in to view full article.
