Manage Tickers Link Financial Account

Has my stock been accused of fraud?Join over 160k users who know.

Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

Plantronics Seeks $500M For Debt Refinancing

Author: Anusuya Lahiri | February 22, 2021 03:05pm

Plantronics Inc (NYSE: PLT) proposed to raise $500 million via senior notes offering due 2029.
The company intends to utilize the offering proceeds for discharging outstanding 5.50% senior notes due 2023 and related fees. Any excess amount raised thereof would be used for general corporate purposes, including secured term loan repayment.
The company's closing cash balance stood at $230 million as of December 26, 2020, and long-term debt stood at $1.6 billion.
PLT share prices have climbed 135% in the last six months.
Price action: PLT shares were down 3.09% at $39.70 on the last check Monday.

Posted In: PLT