|
|
|
|
|
|
|
|
|
09.11.26 - 14:27
|
Peloton Interactive, Inc. Announces Launch of Global Refinancing (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--Peloton Interactive, Inc. ("Peloton") (NASDAQ: PTON) today announced the launch of a private offering (the "offering") of $600.0 million aggregate principal amount of senior secured notes due 2032 (the "notes") and the proposed entry into a $200.0 million five-year revolving credit facility (the “new revolving facility”).
Peloton intends to use the net proceeds from the offering, together with cash on hand, to repay all term loans outstanding under its existing $1.0 billion five-year term loan facility (the “existing term loan facility”), which will be terminated in connection with such repayment, and to pay fees and expenses related thereto. The closing of the offering is not conditioned upon the entry into the new revolving facility or the repayment of the existing term loan facility. Any remaining net proceeds will be used for general corporate purposes, which may include, among other things, repurchases of Peloton's Class A common stock...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
