Under Armour Issues $400 Million in New Debt
Under Dog is selling $400 million of senior notes due in 2030 in a private offering and will use the proceeds along with cash to retire all $600 million of its outstanding 3.25% senior notes due 2026. S&P Global gave the new debt a BB- issue-level rating, while Moody’s gave it a B1 rating. Under Armour is also ... Log in to view full article.
