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Stock impact report

Avery Dennison Prices €500 Million Senior Notes Offering

Avery Dennison Corporation (AVY) 
Last avery dennison corporation earnings: 4/29 06:45 am Check Earnings Report
Company Research Source: Business Wire
MENTOR, Ohio--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of €500 million aggregate principal amount of 3.750% Senior Notes due 2034. The Senior Notes were priced at 99.672% of their principal amount. The offering is expected to close on November 4, 2024, subject to customary closing conditions.Avery Dennison intends to use the net proceeds from the offering to repay in full the €500 million aggregate principal amount of its 1.250% senior notes due 2025 when they mature on March 3, 2025 and for general corporate purposes.The joint book-running managers for this offering are Merrill Lynch International, Mizuho International plc, SMBC Bank International plc, Citigroup Global Markets Limited, Goldman Sachs & Co. LLC, HSBC Continental Europe, J.P. Morgan Securities plc and PNC Capital Markets LLC, with Academy Securities, Inc., ING Bank N.V., Belgian Branch, Loop Capital Markets LLC and Standard Chartered B Show less Read more
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