Hasbro completes $400 million notes offering due 2031 at 4.650% interest
Hasbro completed a registered public offering of $400 million in 4.650% senior unsecured notes maturing March 12, 2031. The filing describes the notes' redemption terms and a repurchase obligation at 101% of principal if a change of control and below investment grade rating event occur, which adds a new debt obligation for shareholders to weigh.
Key points
- Principal amount: $400 million of 4.650% notes due March 12, 2031, issued under a shelf registration on Form S-3.
- Company may redeem before February 12, 2031 at the greater of par or a Treasury-based make-whole price; at or after that date at 100% of principal plus accrued interest.
- If a change of control combined with a below investment grade rating event occurs, Hasbro must offer to repurchase the notes at 101% of principal plus accrued interest, unless it redeems them first.
- Underwriting agreement dated March 5, 2026 with BofA Securities, J.P. Morgan, Citigroup and Scotia Capital as representatives.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.