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ITPOF - Intertape Polymer Group proposes $350M notes offering
Intertape Polymer Group Inc
Intertape Polymer Group ([[ITPOF]] +0.4%) says it plans to offer $350M of senior unsecured notes due in 2029, subject to market conditions.Price, interest rate and maturity not yet determined.The company intends to use the net proceeds from the offering to redeem its currently outstanding $250M of 7.00% senior unsecured notes which are scheduled to mature on Oct. 15, 2026 and to repay a portion of $600M credit facility.Press ReleasePreviously (May 12): Intertape Polymer EPS beats by $0.12, beats on revenue