LCI Industries (LCII) Announces Proposed $400M Convertible Notes Offering
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LCI Industries Announces Proposed Offering of $400 Million Aggregate Principal Amount of Convertible Senior Notes and Proposed Refinance of Term Loan
March 11, 2025 7:00 AM EDTELKHART, Ind.--(BUSINESS WIRE)-- LCI Industries (NYSE: LCII) (the Company), a leading supplier of engineered components to the recreation and transportation markets, today announced that it intends to offer, subject to market conditions and other factors, $400.0 million in aggregate principal amount of convertible senior notes due 2030 (the Notes) in a private placement (the Offering) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). In connection with the Offering, the Company expects to grant the initial purchasers of the Notes an option to... More
