Atkore Sets Conditional Redemption of $400M Senior Notes as Prysmian Merger Nears Close
ATKR sits 76% above its 52-week low of $53.75.
Summary
Atkore conditionally called its $400M 4.25% Senior Notes due 2031 for redemption at 102.125% of principal, contingent on the Prysmian merger closing. Redemption is set for October 19, 2026.
Key Events · M&A and Partnerships · ATKR
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Conditional Redemption of $400M Notes
A conditional notice has been issued to redeem the entire $400,000,000 aggregate principal amount of the 4.25% Senior Notes due 2031.
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Redemption Price Set at 102.125%
The redemption price is $1,021.25 per $1,000 principal amount, plus accrued and unpaid interest up to the Redemption Date.
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Redemption Date October 19, 2026
Redemption is scheduled for October 19, 2026, subject to completion of the Prysmian merger and Prysmian providing funds to the trustee.
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Contingent on Merger Completion
The redemption will not occur unless the merger with Prysmian closes and Prysmian funds the redemption as required by the Merger Agreement.
Analysis · ATKR · Manufacturing
A conditional notice has been issued to redeem the entire $400 million of 4.25% Senior Notes due 2031 at 102.125% of principal, but only if the Prysmian acquisition closes. The redemption is slated for October 19, 2026, contingent on the merger completing and Prysmian providing the necessary funds. This capital-structure move signals that the deal is advancing toward completion and clears a substantial debt burden from the combined entity's balance sheet.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.6% of the 1679 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ATKR was trading at $94.83 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $53.75 to $94.90. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.