Acuity Brands Lighting offers guaranteed notes via two bookrunners

By Devika Patel

Knoxville, Tenn., Oct. 27 – Acuity Brands Lighting, Inc. intends to offer guaranteed fixed-rate notes, according a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

BofA Securities Inc. and J.P. Morgan Securities LLC are the bookrunners.

Proceeds will be used to prepay all of the debt under the company’s term loan facility and for general corporate purposes.

Acuity is an Atlanta-based lighting fixtures company. The notes will be guaranteed by Acuity Brands, Inc. and ABL IP Holding LLC.

© 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.