Reported Earlier, Wayfair Raised $800M (Prior $700M) Via Upsized Secondary Senior Secured Notes Offering For Debt Repayment
Reported Earlier, Wayfair Raised $800M (Prior $700M) Via Upsized Secondary Senior Secured Notes Offering For Debt Repayment
Wayfair Inc. (NYSE:W) (the "Company," "we" or "Wayfair") today announced the pricing by its subsidiary, Wayfair LLC (the "Issuer"), of its private offering of $800 million in aggregate principal amount of 7.250% senior secured notes due 2029 (the "Notes"). The offering size was increased to $800 million from the previously announced offering size of $700 million in aggregate principal amount of Notes. The Notes will mature on October 31, 2029, unless earlier repurchased or redeemed in accordance with their terms. The Notes offering is expected to close on October 8, 2024, subject to customary closing conditions.
wayfair公司（紐交所：W）今日宣佈其子公司Wayfair LLC（發行人）定價其私人發行的總額8億美元的7.250%2029年到期的優先擔保票據（「票據」）。發行規模從先前公佈的7億美元票據的總額增加到8億美元。除非根據其條款提前回購或按要求贖回，否則票據將於2029年10月31日到期。預計票據發行將於2024年10月8日結束，視常規閉市條件而定。
We intend to use the net proceeds from the Notes offering, together with cash on hand, for the repayment of certain of Wayfair's existing convertible senior notes and general corporate purposes.
我們打算利用票據發行的淨收益，連同手頭現金，用於償還wayfair現有可轉換優先票據和一般業務目的。
譯文內容由第三人軟體翻譯。
