CODI Prices Stock Offering, Borrows $200 Million
Compass Diversified is issuing $200 million in 8.000% senior unsecured notes due 2026 in a private add-on offering through U.S. Bank, priced at 101.000%. The notes are identical to the $400 million in debt CODI issued previously, and the proceeds are earmarked for paying down its revolving credit facility and providing it with additional liquidity. Separately, CODI priced its 5,000,000 share stock offering, announced yesterday, ... Log in to view full article.
