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PetSmart Announces Notes Offering


PetSmart Announces Notes Offering
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PHOENIX, Jan. 28, 2021 /PRNewswire/ PetSmart, Inc. ( PetSmart ) announced today that it together with its wholly-owned subsidiary, PetSmart Finance Corp. (the Co-Issuer and, together with PetSmart, the Issuers ), intend to offer (the Offering ), subject to market and other conditions, $1,200 million aggregate principal amount of senior first lien notes due 2028 (the Secured Notes ) and $1,150 million aggregate principal amount of senior notes due 2029 (the Unsecured Notes and, together with the Secured Notes, the Notes ) in a private offering. The Secured Notes will be senior secured obligations of the Issuers and will be guaranteed by certain of their wholly owned domestic subsidiaries. The Unsecured Notes will be senior unsecured obligations of the Issuers and will be guaranteed by certain of their wholly owned domestic subsidiaries. ....

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