Wex Launches $500 Million Offering of Senior Notes Due 2033

MT Newswires Live
02-25

Wex (WEX) said Tuesday it launched a $500 million offering of new senior unsecured notes due 2033 via a private offering.

The company plans to use the net proceeds, including cash on hand and borrowings under a new term loan B facility, to finance a tender offer to acquire its outstanding common shares for up to $750 million, and to repay roughly $250 million outstanding under the revolving part of its senior secured credit facilities, Wex added.

Shares of the company were up 6.2% in recent Tuesday trading.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10