Newell Brands Announces $1.25B Senior Notes Offering

The latest announcement is out from Newell Brands ( (NWL) ).

On May 8, 2025, Newell Brands Inc. announced the launch and pricing of a private offering of $1.25 billion in senior unsecured notes due 2028, with an interest rate of 8.50%. The proceeds from this offering, along with cash on hand, will be used to redeem its outstanding 4.20% senior notes due 2026. This financial maneuver is expected to close on May 22, 2025, and is aimed at optimizing the company’s debt structure.

Spark’s Take on NWL Stock

According to Spark, TipRanks’ AI Analyst, NWL is a Neutral.

Newell Brands’ stock faces significant financial performance challenges, including declining revenue and profitability issues. Despite operational improvements and strategic positioning highlighted in the earnings call, technical indicators point to a bearish trend, and valuation metrics raise concerns. The company’s high dividend yield may attract some investors, but underlying financial health issues and macroeconomic risks, such as tariffs, weigh heavily on the stock’s overall performance.

To see Spark’s full report on NWL stock, click here.

More about Newell Brands

Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer’s, Oster, NUK, Spontex, and Campingaz. The company is focused on delighting consumers by enhancing everyday moments.

Average Trading Volume: 10,099,085

Technical Sentiment Signal: Sell

Current Market Cap: $2.09B

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