share_log

Take-Two Interactive Software | FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses

SEC announcement ·  Jun 11 05:20
Summary by Futu AI
Take-Two Interactive Software, Inc. has announced the pricing of two series of Senior Notes on June 10, 2024. The offering includes $300 million of 5.400% Senior Notes due in 2029 and an equal amount of 5.600% Senior Notes due in 2034. The notes are expected to settle on June 12, 2024. Moody's has assigned a Baa2 rating with a stable outlook, while S&P has given a BBB rating with a negative outlook. The 2029 Notes were priced at 99.831% of their principal amount with a yield to maturity of 5.439%, and the 2034 Notes at 99.796% with a yield to maturity of 5.627%. Both notes will pay interest semi-annually starting December 12, 2024. The offering is led by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, with several other financial institutions participating. The issuer has made the necessary filings with the SEC, and potential investors are advised to read the prospectus and other relevant documents available on the SEC's website or upon request from the underwriters.
Take-Two Interactive Software, Inc. has announced the pricing of two series of Senior Notes on June 10, 2024. The offering includes $300 million of 5.400% Senior Notes due in 2029 and an equal amount of 5.600% Senior Notes due in 2034. The notes are expected to settle on June 12, 2024. Moody's has assigned a Baa2 rating with a stable outlook, while S&P has given a BBB rating with a negative outlook. The 2029 Notes were priced at 99.831% of their principal amount with a yield to maturity of 5.439%, and the 2034 Notes at 99.796% with a yield to maturity of 5.627%. Both notes will pay interest semi-annually starting December 12, 2024. The offering is led by J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, with several other financial institutions participating. The issuer has made the necessary filings with the SEC, and potential investors are advised to read the prospectus and other relevant documents available on the SEC's website or upon request from the underwriters.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.