Boyne Resorts Upsizes and Prices Private Offering of $150 Million of Additional 4.750% Senior Notes – QNT Press Release

[ad_1]

BOYNE FALLS, Mich., Feb. 2, 2022 /PRNewswire/ — Boyne USAInc. (the “Company”) today announced the pricing of $150 million aggregate principal amount of its 4.750% Senior Notes due 2029 (the “New Notes”) in a previously announced private offering. The aggregate principal amount of the offering was increased from the previously announced offering size of $100 million aggregate principal amount of New Notes. The New Notes will be issued under the indenture governing the Company’s $540 million aggregate principal amount of 4.750% Senior Notes due 2029 issued on April 26, 2021 (the “Existing Notes”). The New Notes will be issued to the public at an offering price of 100% of the principal amount thereof, plus accrued interest deemed to have accrued from November 15, 2021the most recent date to which interest on the Existing Notes has been paid. The New Notes, if issued, will be treated as a single series with the Existing Notes and will have the same terms as the Existing Notes, other than with respect to the date of issuance and issue price. The offering of New Notes is expected to close on or about February 4, 2022subject to customary closing conditions.

Full story available on Benzinga.com

[ad_2]

Source link