Hunt Companies, Inc. has announced today a $635 million offering of eight-year (non-call three) Senior Secured Notes.
Hunt intends to use the net proceeds from the offering of the Senior Secured Notes to refinance Hunt’s 6.250% Senior Secured Notes due 2026 and to pay fees and expenses related to the transaction.
The Senior Secured Notes will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or under any state securities law, and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Senior Secured Notes are being offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and outside the United States in compliance with Regulation S under the Securities Act. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
