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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 3/16/2021 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

ACCO Brands to redeem $375 million 5¼% notes due 2023 at 102.625

By Taylor Fox

New York, March 16 – ACCO Brands Corp. will redeem its $375 million 5¼% senior notes due 2023 on March 31, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 102.625 plus accrued interest to but excluding the redemption date, for an aggregate redemption price of $390,640,625.

The redemption will be funded using proceeds from the company’s offering of $575 million 4¼% senior notes due 2024.

ACCO Brands is a Lake Zurich, Ill.-based supplier of consumer, school, technology and office products.


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