Spectrum Brands Holdings, Inc. (SPB), a renowned provider of branded consumer products and home essentials, announced on Monday that its subsidiary, Spectrum Brands, Inc., has initiated a cash tender offer for its 4% Senior Notes due 2026 and 5% Senior Notes due 2029.
Additionally, the company is offering 5.50% senior notes due 2030 and 3.875% senior notes due 2031.
The cumulative purchase price for these notes will amount to up to $925 million.
The Tender Offer and Consent Solicitation are set to expire at 5:00 p.m. (New York City time) on June 18, 2024.