Mativ Holdings Strategizes Capital with Senior Notes Offering
Company Announcements

Mativ Holdings Strategizes Capital with Senior Notes Offering

Mativ Holdings ( (MATV) ) just unveiled an update.

Mativ Holdings, Inc. has announced a private offering of $400 million in senior notes due 2029, which will be exempt from registration under the Securities Act of 1933. The senior notes will be used to redeem their 6.875% senior notes due in 2026 and to repay a portion of their term loan B facility. These notes will be guaranteed by the company’s subsidiaries and are aimed at qualified institutional buyers and non-U.S. persons. This strategic financial move aims to optimize Mativ’s capital structure and align with its long-term growth initiatives.

See more data about MATV stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskMativ Holdings Reports Improved Q3 2024 Performance
TheFlyMativ reports Q3 adjusted EPS 21c, two estimates 27c
Austin AngeloMATV Earnings Report this Week: Is It a Buy, Ahead of Earnings?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App