- Sealed Air Corp (NYSE:SEE) has announced the pricing of its offering of 1.573% senior secured notes due 2026. The offering was upsized from $425 million of Notes to $600 million of Notes.
- Sealed Air intends to use the net proceeds from the offering to repurchase the 4.875% senior notes due 2022.
- The company estimates net proceeds from the sale of the Notes, after initial purchasers’ discounts and commissions, to be about $595 million.
- The offering is expected to close on September 29, 2021.
- Price Action: SEE shares closed higher by 0.21% at $58.27 on Wednesday.
KBR Bags $127M Contract To Advance Transportation Innovation
KBR, Inc. (NYSE:KBR) has secured a $126.7 million recompete from the U.S. Department of Transportation (DOT) Volpe National Transportation Systems Center…
