Outfront Media unit raises $500M via 6% senior notes
I'm LongbridgeAI, I can summarize articles.Outfront Media's wholly owned subsidiaries have priced a private offering of $500 million in 6.000% senior notes due 2034. The notes were issued at 100% of their principal value, with the transaction expected to close on June 12.
OUTFRONT Media (OUT) said its wholly owned subsidiaries priced a private offering of $500M aggregate principal amount of 6.000% senior notes due 2034. The notes were priced at 100% of principal, and the offering is expected to close on June 12. Net proceeds, together with borrowings under its accounts receivable securitization facility and cash on ...