* Carter’s (CRI [https://seekingalpha.com/symbol/CRI]) said that [https://seekingalpha.com/pr/20285504-carter-s-inc-announces-upsize-and-pricing-of-senior-notes-offering] its wholly-owned subsidiary, The William Carter Company priced an offering of $575 million aggregate principal amount of 7.375% senior notes due 2031, representing an increase of $75 million proposed offering size.
* The notes were priced at par. The offering is expected to close on November 13, 2025.
* Net proceeds, together with cash on hand, to redeem all of its outstanding 5.625% senior notes due 2027and pay related fees and expenses and with remaining amounts, for general corporate purposes.
MORE ON CARTER'S
* Carter's Top Line Resists At The Expense Of Margins, Not Worth 15x Earnings [https://seekingalpha.com/article/4833768-carters-top-line-resists-at-the-expense-of-margins-not-worth-15x-earnings]
* Carter's, Inc. 2025 Q3 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4833700-carters-inc-2025-q3-results-earnings-call-presentation]
* Carter's, Inc. (CRI) Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4833691-carters-inc-cri-q3-2025-earnings-call-transcript]
* Carter’s unit plans $500M senior notes offering [https://seekingalpha.com/news/4509229-carters-unit-plans-500m-senior-notes-offering]
* Carter’s outlines $45M cost reduction plan and targets 150 store closures amid tariff pressures [https://seekingalpha.com/news/4508795-carter-s-outlines-45m-cost-reduction-plan-and-targets-150-store-closures-amid-tariff]
Carter’s prices upsized $575 million senior notes
Published 1 week ago
Oct 30, 2025 at 6:31 AM
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