NYSE:BDCElectronic
Belden’s €450m Offering Reshapes Debt Profile And Valuation Picture
Belden completed a €450 million fixed income offering, adding a new tranche of euro-denominated debt to its capital structure.
The company also announced plans to redeem its existing 3.375% senior subordinated notes due 2027.
These moves adjust the timing and mix of Belden's debt obligations and may influence its future financing flexibility.
For investors watching NYSE:BDC, these capital moves come with the stock recently closing at $118.22 and delivering a 49.9% return over 3 years and...