Wolverine Worldwide Issuing $300 Million of Debt
WWW is offering $300 million of 6.375% senior notes due in 2025, with the proceeds earmarked to pay down borrowings under its revolving credit facility. While Standard & Poor’s recently downgraded Wolverine’s credit rating, Moody’s affirmed the company’s Ba1 corporate family rating reflecting good liquidity, including ... Log in to view full article.
