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.（紐約證券交易所代碼：SPB，“母公司”）））今天宣佈，其全資子公司Spectrum Brands, Inc.（“Spectrum Brands” 或 “公司”）打算根據市場和其他條件發行2029年到期的總本金3億美元的可交換優先票據（“可交換票據”）和股票回購計劃。
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.
公司打算使用可交換票據發行的部分淨收益（i）爲進行上限看漲期權交易（如下所述）的費用提供資金；（ii）回購母公司高達1億美元的普通股（“母公司普通股”），同時通過初始購買者之一或其關聯公司進行的私下談判交易對可交換票據的發行進行定價，以及（iii）用於一般公司用途。
譯文內容由第三人軟體翻譯。