- Dollar Tree Inc DLTR has priced a public offering of $1.2 billion of its senior notes, consisting of $800 million of its 2.650% Senior Notes due 2031 and $400 million of its 3.375% Senior Notes due 2051.
- The 2031 Notes and the 2051 Notes will bear interest at a rate of 2.650% and 3.375% per annum, respectively.
- Dollar Tree expects to use the offering proceeds to redeem its outstanding 3.700% Senior Notes due 2023.
- The offering is expected to close on December 1, 2021, subject to customary closing conditions.
- BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as joint book-running managers for the offering.
- Price Action: DLTR shares are trading lower by 3.04% at $137.05 in premarket on the last check Tuesday.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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