Spectrum Brands to repay revolver borrowings via new note proceeds

By Marisa Wong

Los Angeles, June 26 – Spectrum Brands, Inc. plans to pay a portion of amounts outstanding under its existing revolving credit facility using proceeds from an offering of new notes, according to a press release.

Spectrum Brands announced on Friday an offering of $300 million of senior notes due 2030.

The branded consumer products company is based in Middleton, Wis.

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