Hasbro Announces Pricing of Public Offering of Notes
08 Maio 2024 - 5:55PM
Business Wire
Hasbro, Inc. (NASDAQ: HAS) (“Hasbro”) announced today the
pricing of an underwritten registered public offering (the
“Offering”) of $500,000,000 aggregate principal amount of 6.050%
Notes due 2034 (the “Notes”). The Notes will accrue interest
beginning May 14, 2024 with semi-annual payments commencing
November 14, 2024. Subject to customary closing conditions, the
Offering is expected to settle and close on or about May 14,
2024.
The net proceeds from the Offering will be approximately $495
million, after giving effect to the underwriting discount but not
estimated offering expenses payable by Hasbro. Hasbro intends to
use the net proceeds of the Offering for general corporate
purposes, including to redeem or repay outstanding
indebtedness.
BofA Securities, Inc., Citigroup Global Markets Inc., J.P.
Morgan Securities LLC and Scotia Capital (USA) Inc. are acting as
joint book-running managers for the Offering.
The Offering is being made pursuant to an effective shelf
registration statement, including a base prospectus dated May 6,
2024, that has been filed with the Securities and Exchange
Commission (the “SEC”) and is available on the SEC website. A final
prospectus supplement describing the terms of the Offering and the
accompanying base prospectus will be filed with the SEC and will be
available on the SEC website. Copies of these documents may also be
obtained by calling BofA Securities, Inc. toll-free at (800)
294-1322 or emailing dg.prospectus_requests@baml.com, calling
Citigroup Global Markets Inc. toll-free at (800) 831-9146, calling
J.P. Morgan Securities LLC collect at (212) 834-4533, and calling
Scotia Capital (USA) Inc. at (800) 372-3930.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities nor shall there be
any sale of securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
About Hasbro
Hasbro is a leading toy and game company whose mission is to
entertain and connect generations of fans through the wonder of
storytelling and exhilaration of play. Hasbro delivers play
experiences for fans of all ages around the world, through toys,
games, licensed consumer products, digital games and services,
location-based entertainment, film, TV, and more. With a portfolio
of over 1,800 iconic brands including MAGIC: THE GATHERING,
DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH
and PEPPA PIG, as well as premier partner brands, Hasbro brings
fans together wherever they are, from tabletop to screen.
Hasbro is guided by our Purpose to create joy and community for
all people around the world, one game, one toy, one story at a
time. For more than a decade, Hasbro has been consistently
recognized for its corporate citizenship, including being named one
of the 100 Best Corporate Citizens by 3BL Media.
© 2024 Hasbro, Inc. All Rights Reserved.
Forward-Looking Statements
Certain statements in this press release contain
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements may be accompanied by such words as “anticipate,”
“believe,” “could,” “estimate,” “expect,” “forecast,” “intend,”
“may,” “plan,” “potential,” “project,” “target,” “will” and other
words and terms of similar meaning. Among other things, these
forward-looking statements include statements relating to the
expected timing, size, terms and Hasbro’s ability to complete the
debt financing and the Company’s anticipated use of proceeds from
the debt financing.
Hasbro’s actual actions or results may differ materially from
those expected or anticipated in the forward-looking statements due
to both known and unknown risks and uncertainties. Specific factors
that might cause such a difference include those risks detailed
from time to time in Hasbro’s Annual Report on Form 10-K for the
year ended December 31, 2023 and in its other filings with the SEC.
The statements contained herein are based on Hasbro’s current
beliefs and expectations and speak only as of the date of this
press release. Except as may be required by law, Hasbro does not
undertake any obligation to make any revisions to the
forward-looking statements contained in this press release or to
update them to reflect events or circumstances occurring after the
date of this press release. You should not place undue reliance on
forward-looking statements.
HAS-IR
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240508818097/en/
Investor Contact: Kern Kapoor | Hasbro, Inc. |
hasbro_investor_relations@hasbro.com Media: Roberta Thomson |
Hasbro, Inc. | bertie.thomson@hasbro.com
Hasbro (NASDAQ:HAS)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Hasbro (NASDAQ:HAS)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024