Under Armour Announces $400 Million Senior Notes Offering to Redeem Outstanding 2026 Notes

Reuters

16小時前

Under Armour Announces $400 Million Senior Notes Offering to Redeem Outstanding 2026 Notes

Under Armour Inc. has announced the pricing of a $400 million private offering of 7.250% Senior Notes due in 2030. Scheduled to close on June 23, 2025, these senior unsecured obligations will be guaranteed by Under Armour's subsidiaries. The company intends to utilize the proceeds, along with other financial resources, to fully redeem or retire its outstanding $600 million 3.25% Senior Notes due in 2026. This strategic financial move aims to manage existing debt obligations effectively, with plans to settle the 2026 Notes within 60 days of the offering's closure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UA - Under Armour Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-144658), on June 23, 2025, and is solely responsible for the information contained therein.

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