Financing ·
H.B. Fuller prices $850M of 7.625% senior unsecured notes due 2034
FULFuller H B Co
H.B. Fuller Company priced an offering of $850 million aggregate principal amount of 7.625% new senior unsecured notes due 2034 at par in a private placement exempt from registration requirements under Rule 144A and Regulation S. The issuance is expected to close on or about October 21, 2026, subject to customary closing conditions. Net proceeds will fund the acquisition of Advanced Medical Solutions Group plc, repay other borrowings, redeem existing notes due in 2027, and for general corporate purposes. If the acquisition does not close by June 25, 2027, or is terminated, H.B. Fuller must redeem $450 million of the notes at par plus accrued interest. The company operates as a global manufacturer of adhesives, coatings, sealants, and functional materials.