Spectrum Brands Holdings Authorized A New $500M Parent Common Stock Repurchase Program
Spectrum Brands Holdings Authorized A New $500M Parent Common Stock Repurchase Program
Spectrum Brands Holdings, Inc. (NYSE:SPB, " Parent" ))))), announced today that its wholly-owned subsidiary, Spectrum Brands, Inc. ("Spectrum Brands" or the "Company") intends to offer, subject to market and other conditions, $300 million in aggregate principal amount of exchangeable senior notes due 2029 (the "Exchangeable Notes") and a share repurchase plan.
Spectrum Brands Holdings, Inc.（纽约证券交易所代码：SPB，“母公司”）））今天宣布，其全资子公司Spectrum Brands, Inc.（“Spectrum Brands” 或 “公司”）打算根据市场和其他条件发行2029年到期的总本金3亿美元的可交换优先票据（“可交换票据”）和股票回购计划。
The Company intends to use a portion of the net proceeds of the Exchangeable Notes offering (i) to fund the cost of entering into the capped call transactions (as described below), (ii) to repurchase up to $100 million of shares of common stock of Parent ("Parent Common Stock") concurrently with the pricing of the offering of the Exchangeable Notes in privately negotiated transactions effected through one of the initial purchasers or its affiliates and (iii) for general corporate purposes.
公司打算使用可交换票据发行的部分净收益（i）为进行上限看涨期权交易（如下所述）的费用提供资金；（ii）回购母公司高达1亿美元的普通股（“母公司普通股”），同时通过初始购买者之一或其关联公司进行的私下谈判交易对可交换票据的发行进行定价，以及（iii）用于一般公司用途。
译文内容由第三方软件翻译。