HRG GROUP, INC. (NYSE:HRG) Files An 8-K Other EventsItem 8.01. Other Events.
On April 7, 2017, Spectrum Brands, Inc. (“Spectrum Brands”), an indirect majority owned subsidiary of HRG Group, Inc. (“HRG”), announced the completion of its previously announced repricing transaction to which Spectrum Brands replaced all of its U.S. dollar-denominated term loans with new U.S. dollar-denominated term loans carrying lower interest rate margins. Spectrum Brands also increased its restricted payment capacity under the credit agreement in connection with the transaction.
Interested parties should read public filings and other announcements by Spectrum Brands Holdings, Inc., the indirect parent of Spectrum Brands and a majority owned subsidiary of HRG, for more information regarding the foregoing matters.
About HRG GROUP, INC. (NYSE:HRG)
HRG Group, Inc. is a holding company. The Company operates through two segments: Consumer Products and Insurance. The Consumer Products segment consists of the Company’s subsidiary, Spectrum Brands Holdings, Inc. (Spectrum Brands). The Insurance segment includes its subsidiary, Front Street Re (Delaware) Ltd. (Front Street). Through Spectrum Brands, the Company is a diversified global branded consumer products company. The Company offers seven product categories: consumer batteries, small appliances, global pet supplies, home and garden control products, personal care products, hardware and home improvement products and global auto care. Through Front Street, the Company is engaged in the business of providing long-term reinsurance, including reinsurance to the specialty insurance sector of fixed, deferred and payout annuities. The Company’s subsidiary, Fidelity & Guaranty Life (FGL), provides life insurance and annuity products. HRG GROUP, INC. (NYSE:HRG) Recent Trading Information
HRG GROUP, INC. (NYSE:HRG) closed its last trading session up +0.08 at 19.44 with 1,534,122 shares trading hands.
HRG Group, Inc. is a holding company. The Company operates through two segments: Consumer Products and Insurance. The Consumer Products segment consists of the Company’s subsidiary, Spectrum Brands Holdings, Inc. (Spectrum Brands). The Insurance segment includes its subsidiary, Front Street Re (Delaware) Ltd. (Front Street). Through Spectrum Brands, the Company is a diversified global branded consumer products company. The Company offers seven product categories: consumer batteries, small appliances, global pet supplies, home and garden control products, personal care products, hardware and home improvement products and global auto care. Through Front Street, the Company is engaged in the business of providing long-term reinsurance, including reinsurance to the specialty insurance sector of fixed, deferred and payout annuities. The Company’s subsidiary, Fidelity & Guaranty Life (FGL), provides life insurance and annuity products. HRG GROUP, INC. (NYSE:HRG) Recent Trading Information
HRG GROUP, INC. (NYSE:HRG) closed its last trading session up +0.08 at 19.44 with 1,534,122 shares trading hands.
