Broadridge Prices $500M 5.750% Senior Notes Due 2036
Broadridge Financial Solutions, Inc. priced an offering of $500 million aggregate principal amount of 5.750% Senior Notes due 2036. The company entered into an underwriting agreement with J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC as representatives of the underwriters. The net proceeds from this offering, combined with cash on hand, will be used to repay its outstanding 3.400% senior notes due 2026. The offering is expected to close on May 15, 2026.
Key Highlights
- Priced $500,000,000 aggregate principal amount of Senior Notes.
- Notes carry an interest rate of 5.750% and are due in 2036.
- Proceeds will be used to repay outstanding 3.400% senior notes due 2026.
- Underwriting agreement signed with J.P. Morgan, BofA Securities, Morgan Stanley, and Wells Fargo Securities.
- Offering is expected to close on May 15, 2026.
Price Impact
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