Winnebago Industries Prices $300M Offering Of 3.250% Convertible Senior Notes Due 2030 For Refinancing 2025 Maturities

Author: Benzinga Newsdesk | January 19, 2024 03:06am

The notes will bear interest at a rate of 3.250% per year, payable semi-annually in arrears on January 15 and July 15 of each year, beginning July 15, 2024. The notes will mature on January 15, 2030, unless repurchased, redeemed or converted in accordance with their terms prior to such date. Prior to July 15, 2029, the notes will be convertible only upon satisfaction of certain conditions and during certain periods, and on and after July 15, 2029, at any time until the close of business on the second scheduled trading day immediately before the maturity date.

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