BREAKING: Confirmed — Hasbro ($HAS) completed a $400M registered offering of 4.65% senior unsecured notes…
Filed with the SEC on · Summarized by InvestorsBot
BREAKING: Confirmed — Hasbro ($HAS) completed a $400M registered offering of 4.65% senior unsecured notes due 2031. 🔥💵 #Hasbro #Bonds #FixedIncome #BREAKING
ALERT: $400M new senior debt locks Hasbro into 4.65% coupon to 2031 — no equity dilution but raises leverage and fixed interest costs. Filing does NOT disclose use of proceeds. Watch credit metrics & cash flow. $HAS 📈 #Investing #Credit #Debt
Confirmed: Notes callable before Feb 12, 2031 at a Treasury‑plus formula; on/after Feb 12, 2031 redeemable at 100%. Change‑of‑control repurchase at 101% if combined with a downgrade below IG. Covenants limit secured debt & sale‑leasebacks. 🔁📜 #Hasbro #Bonds $HAS
ALERT: Senior unsecured notes mature Mar 12, 2031; interest 4.650% p.a.; issued under the Base Indenture with an 8th supplemental indenture. Legal opinions (Hasbro CLO & Cravath) filed. Monitor how proceeds are deployed. 📆⚖️ #Hasbro #FixedIncome $HAS