Newell Brands issues $600 million of 6.250% notes due 2031 to redeem 2027 debt
Newell Brands issued $600 million of 6.250% senior notes due 2031 on August 19, 2026, in a private offering exempt from US registration. The company plans to use the proceeds to redeem in full its 6.375% senior notes due 2027, pay related fees, and repay part of its asset-based revolving credit facility. The filing describes a refinancing of existing debt, and the new notes add $600 million of senior unsecured obligations.
Key points
- $600 million aggregate principal of 6.250% senior notes due 2031 issued August 19, 2026
- 2027 notes to be redeemed at 101.530%, or $1,015.30 per $1,000 principal, plus accrued interest, with a redemption date of August 20, 2026
- Proceeds also to repay part of the revolver under a five-year asset-based facility dated July 30, 2026
- If a change of control and ratings downgrade occur, the company must offer to repurchase the notes at 101% of principal plus accrued interest
The filing
Written by AI on Nov 8, 2026, 6:56 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 August 19, 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.