Hasbro Secures $500M In Bonds As Part of Strategic Turnaround
Hasbro Secures $500M In Bonds As Part of Strategic Turnaround
Hasbro Inc. (NASDAQ:HAS) has raised $500 million of corporate debt through a sale of 10-year bonds, its first bond sale since 2019.
孩之寶公司（納斯達克股票代碼：HAS）通過出售10年期債券籌集了5億美元的公司債務，這是自2019年以來的首次債券出售。
The toy giant behind staples such as Monopoly, Beyblade and Play-Doh and film franchises Transformers and G.I. Joe issued debt with yields of 1.6% above treasury bills on Wednesday, according to Bloomberg. Bank of America, Citigroup, JPMorgan and Bank of Nova Scotia managed the sale, a source told the outlet.
據彭博社報道，大富翁、Beyblade和Play-Doh等主打產品以及電影系列《變形金剛》和《G.I. Joe》背後的玩具巨頭週三發行的債券收益率比國庫券高出1.6％。一位消息人士告訴媒體，美國銀行、花旗集團、摩根大通和新斯科舍銀行管理了此次出售。
Hasbro previously issued $2.4 billion worth of bonds in November 2019 to finance a portion of its $4 billion acquisition of London-based entertainment company Entertainment One Ltd.
孩之寶此前曾在2019年11月發行了價值24億美元的債券，爲其40億美元收購總部位於倫敦的娛樂公司Entertainment One Ltd的一部分提供資金。
Since the acquisition, Hasbro has sold several business segments. Among them was the sale of EOne's film and TV divisions to Lions Gate Entertainment Corp. for $375 million and the assumption of Hasbro's production financing. In addition, Hasbro sold EOne's music rights platform eOne Music to Blackstone for $385 million in 2021, Bloomberg reports.
自收購以來，孩之寶已經出售了多個業務領域。其中包括以3.75億美元的價格將eOne的電影和電視部門出售給獅門娛樂公司，以及承擔孩之寶的製作融資。此外，彭博社報道，孩之寶在2021年以3.85億美元的價格將eOne的音樂版權平台eOne Music出售給了黑石集團。
The offering was preceded by the company's recent first-quarter earnings beat. Hasbro earned 61 cents per share, exceeding analysts' estimates of 27 cents per share on an adjusted basis amid the company's long-standing turnaround. The company also reported first-quarter sales of $757.30 million, above the consensus analyst estimate of $738.61 million.
在此次發行之前，該公司最近公佈了第一季度的收益。孩之寶每股盈利61美分，在公司長期轉型的情況下，經調整後，超過了分析師估計的每股27美分。該公司還報告稱，第一季度銷售額爲7.5730億美元，高於分析師普遍估計的7.3861億美元。
The company has encountered abnormally low consumer demand in the U.S. In February, the company reported a tumble in holiday-quarter sales amid a broader decrease in consumer discretionary spending. This follows an overall slowdown in the amount of credit card debt talked on by U.S. consumers. In response, the company laid off a significant part of its workforce.
該公司在美國遇到了異常低的消費者需求。該公司在2月份報告稱，由於非必需消費支出普遍減少，假日季度的銷售額下降。在此之前，美國消費者談論的信用卡債務金額總體放緩。作爲回應，該公司裁員了很大一部分員工。
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譯文內容由第三人軟體翻譯。