NEWELL BRANDS INC. (NYSE:NWL) Files An 8-K Other Events
Item8.01.
| Other Events. |
As previously announced, the Company commenced cash tender offers
(the Tender Offers) on March13, 2017 for (i)any and all (the Any
and All Offer) of the Companys 6.250% Notes due 2018 (the 2018
Notes) and (ii)up to $825,000,000 (the Maximum Waterfall Tender
Amount) of the Companys 4.700% Notes due 2020, 2.600% Notes due
2019, 3.900% Notes due 2025, 3.150% Notes due 2021, 2.875% Notes
due 2019, 4.000% Notes due 2024 and 5.000% Notes due 2023
(collectively, the Waterfall Notes).
On March27, 2017, the Company issued a press release announcing
that approximately $63,480,000 in principal amount of the 2018
Notes and approximately $2,479,836,000 in combined aggregate
principal amount of the Waterfall Notes were validly tendered and
not properly withdrawn on or prior to 5:00 p.m., New York City
time, on March24, 2017 (the Early Tender Date). Also on March27,
2017, the Company issued a press release announcing the pricing
terms of the tender offers and an increase in the aggregate
purchase price of the Waterfall Notes subject to the Maximum
Waterfall Tender Amount from $825,000,000 to $828,000,488. Copies
of the Companys press releases announcing the early results and
pricing terms of the tender offers are filed as Exhibits 99.1 and
99.2 to this Current Report on Form 8-K, respectively, and are
incorporated herein by reference.
The information
contained in this Current Report on Form 8-K shall not constitute
an offer to sell, or a solicitation of an offer to purchase, any
securities in any jurisdiction in which such an offer,
solicitation or sale would be unlawful. The Tender Offers are
being made solely to an offer to purchase dated March13, 2017 and
related letter of transmittal, which set forth the terms and
conditions of the Tender Offers.
| Item9.01. | Financial Statements and Exhibits. |
(d)
Exhibits
|
Number |
Exhibit |
|
| 99.1 |
Press Release of Newell Brands Inc. announcing early results of its tender offers, dated March27, 2017. |
|
| 99.2 |
Press Release of Newell Brands Inc. announcing pricing terms of its tender offers, dated March27, 2017. |
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About NEWELL BRANDS INC. (NYSE:NWL)
Newell Brands Inc, formerly Newell Rubbermaid Inc., is a global consumer goods company. The Company’s brands consists of Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Irwin, Lenox, Oster, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle. The Company focuses on consumer, investment in brands. NEWELL BRANDS INC. (NYSE:NWL) Recent Trading Information
NEWELL BRANDS INC. (NYSE:NWL) closed its last trading session up +0.04 at 47.71 with 4,298,105 shares trading hands.
