Samsonite Completes Redemption of €350 Million Senior Notes Due 2026 Through Issuance of New 2033 Notes

Reuters
Nov 11
Samsonite Completes Redemption of €350 Million Senior Notes Due 2026 Through Issuance of New 2033 Notes

Samsonite International SA has announced the successful completion of the refinancing of its €350 million Senior Notes due 2026 through the issuance of new Senior Notes due 2033. The proceeds from the new issuance, together with existing cash and borrowings under new senior credit facilities, were used to fully repay the €350 million principal amount of the Senior Notes due 2026, along with any accrued and unpaid interest. The transaction also covered related fees, costs, and expenses.

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