Reported Earlier, Wayfair Raised $800M (Prior $700M) Via Upsized Secondary Senior Secured Notes Offering For Debt Repayment
Reported Earlier, Wayfair Raised $800M (Prior $700M) Via Upsized Secondary Senior Secured Notes Offering For Debt Repayment
Wayfair Inc. (NYSE:W) (the "Company," "we" or "Wayfair") today announced the pricing by its subsidiary, Wayfair LLC (the "Issuer"), of its private offering of $800 million in aggregate principal amount of 7.250% senior secured notes due 2029 (the "Notes"). The offering size was increased to $800 million from the previously announced offering size of $700 million in aggregate principal amount of Notes. The Notes will mature on October 31, 2029, unless earlier repurchased or redeemed in accordance with their terms. The Notes offering is expected to close on October 8, 2024, subject to customary closing conditions.
wayfair公司（纽交所：W）今日宣布其子公司Wayfair LLC（发行人）定价其私人发行的总额8亿美元的7.250%2029年到期的优先担保票据（“票据”）。发行规模从先前公布的7亿美元票据的总额增加到8亿美元。除非根据其条款提前回购或按要求赎回，否则票据将于2029年10月31日到期。预计票据发行将于2024年10月8日结束，视常规闭市条件而定。
We intend to use the net proceeds from the Notes offering, together with cash on hand, for the repayment of certain of Wayfair's existing convertible senior notes and general corporate purposes.
我们打算利用票据发行的净收益，连同手头现金，用于偿还wayfair现有可转换优先票据和一般业务目的。
