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Belden Announces 300 Million Private Offering of Senior Subordinated Notes

Belden Announces 300 Million Private Offering of Senior Subordinated Notes
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Belden Inc , Belden Announces , Private Offering , Senior Subordinated Notes , பேழ்தேன் இன்க் , ப்ரைவேட் பிரசாதம் ,

Lithia Motors & Driveway (LAD) Announces Upsizing And Pricing Of Senior Notes Offering


Lithia Motors & Driveway (LAD) Announces Upsizing And Pricing Of Senior Notes Offering
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MEDFORD, Ore., May 19, 2021 /PRNewswire/ Lithia Motors & Driveway (NYSE: LAD) today announced the pricing of $800 million in aggregate principal amount of its 3.875% senior notes due 2029 (the Notes ) in a private offering (the Private Offering ), which represents an increase of $300 million from the offering size previously announced. The Private Offering is expected to close on May 27, 2021, subject to customary closing conditions.
Lithia intends to use a portion of the net proceeds of the Private Offering to redeem or repurchase all of its outstanding $300 million aggregate principal amount of 5.250% senior notes due 2025 (the 2025 Notes ), and to pay fees and expenses in connection therewith, and to use the remainder for general corporate purposes, which may include financing possible acquisitions, repaying or ....

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