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Published on 1/25/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Newell Brands to fully redeem 3.65% notes due 2021

By Taylor Fox

New York, Jan. 25 – Newell Brands Inc. plans to redeem its 3.65% notes due 2021 in full, according to an 8-K filing with the Securities and Exchange Commission. The notes originally had a coupon of 3.15%.

The notes will be redeemed March 1 at par plus interest.

U.S. bank NA is the trustee.

Atlanta-based Newell Brands’ portfolio includes Paper Mate, Sharpie, Elmer’s, Coleman, Sunbeam, Mr. Coffee, Rubbermaid, First Alert and Yankee Candle, among others.


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