HRG GROUP, INC. (NYSE:HRG) Files An 8-K Other EventsItem 8.01. Other Events.
On May 9, 2017, Spectrum Brands Holdings, Inc. (“SPB”), a majority owned subsidiary of HRG Group, Inc., announced that its wholly-owned subsidiary, Spectrum Brands, Inc. (“Spectrum Brands”), is launching a transaction which, if successful, would increase its U.S dollar denominated term loan facility from $1.0 billion to $1.25 billion but would otherwise maintain the existing terms of the facility. Spectrum Brands expects to close this transaction in May of 2017.
Interested parties should read public filings and other announcements by SPB 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 down -0.32 at 17.95 with 1,699,037 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 down -0.32 at 17.95 with 1,699,037 shares trading hands.
