Carter’s, Inc. Announces Closing of Sale of $575 Million 7.375% Senior Notes Due 2031
ATLANTA--(BUSINESS WIRE)--Carter’s, Inc. (“Carter’s”) (NYSE: CRI) today announced that its wholly-owned subsidiary, The William Carter Company (the “Company”), has closed its previously announced sale of $575 million aggregate principal amount of 7.375% senior notes due 2031 (the “notes”). The Company received net proceeds from the offering of approximately $567 million, after deducting related fees and expenses, which it intends to use, together with cash on hand, to (i) redeem all of its outs ...
