Newell Brands Closes $600M Notes Offering and Sets Redemption Terms for 2027 Debt
NWL has more than doubled off its 52-week low of $3.07.
Summary
Newell Brands completed its $600M notes offering and set the redemption price for its 2027 notes at 101.530%, with redemption on August 20, 2026.
Key Events · Financing and Capital Events · NWL
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Notes Offering Completed
Issued $600 million of 6.250% senior notes due 2031 on August 19, 2026.
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Redemption Price Set
2027 notes to be redeemed at 101.530% of principal ($1,015.30 per $1,000) plus accrued interest.
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Redemption Date
Redemption of 2027 notes scheduled for August 20, 2026.
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Use of Proceeds
Proceeds will redeem 2027 notes, pay fees, and repay a portion of the ABL credit facility.
Analysis · NWL · Industrial Applications And Services
The refinancing extends debt maturity and locks in a lower interest rate, improving the company's debt profile. Newell Brands finalized its $600 million senior notes offering at 6.250% due 2031, using proceeds to redeem its 6.375% notes due 2027 at 101.530% of par. The redemption date is set for August 20, 2026.
How filings like this one have moved
In the 30 days to Aug 22, 2026, 29.1% of the 2960 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.01%. 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, NWL was trading at $6.16 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $3.07 to $7.13. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.