E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/1/2021 in the Prospect News Bank Loan Daily.

ACCO Brands to pay down some revolver borrowings with notes proceeds

By Sara Rosenberg

New York, March 1 – ACCO Brands Corp. plans to repay a portion of its revolving credit facility borrowings with proceeds from a $575 million senior notes offering, according to a market source.

The new notes, which were downsized from $650 million, will also be used to refinance 5¼% notes due 2024.

ACCO Brands is a Lake Zurich, Ill.-based office supply manufacturer.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.