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CHEF - The Chefs' Warehouse launches $50M senior notes offering
The Chefs' Warehouse Inc.
The Chef's Warehouse (CHEF) plans to offer $50M principal amount of its convertible senior notes due 2024 in a private placement.Convertible senior notes are expected to pay interest semiannually.Notes will mature on Dec.1.Proceeds of ~$31.2M will be used to repay outstanding amounts under its term loan facility and the remainder for general corporate purposes.Shares -0.63% down after hours