Hasbro, Inc. Announces Pricing of $500M Public Offering of 6.050% Notes due 2034
May 08, 2024•about 1 year ago
Amount Raised
$500 Million
Investors
Scotia Capital (Usa) Inc.J.P. Morgan Securities LlcCitigroup Global Markets Inc.Bof A Securities, Inc.
Description
Hasbro, Inc. announced the pricing of a public offering of $500,000,000 aggregate principal amount of 6.050% Notes due 2034. The net proceeds from the offering are expected to be approximately $495 million, and will be used for general corporate purposes, including to redeem or repay outstanding indebtedness.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech