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Wayfair Prices Offering of $700 Million Senior Secured Notes

Wayfair LLC announced a private offering of $700 million in 7.750% senior secured notes due 2030, with closing expected on March 13, 2025.
Proceeds will be used to partially fund the purchase of approximately $580 million in outstanding convertible senior notes due 2026.
The notes will be guaranteed by Wayfair and its subsidiaries, secured by liens on existing assets, according to the issuance details.
Wayfair generated $11.9 billion in net revenue for the year ending December 31, 2024, as reported in the press release.

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Wayfair Prices Offering of $700 Million Senior Secured Notes

BOSTON, March 11, 2025 /PRNewswire/ -- Wayfair Inc. (NYSE: W) (the "Company," "we" or "Wayfair") today announced the pricing by its subsidiary, Wayfair LLC (the "Issuer"), of its private offering of $700 million in aggregate principal amount of 7.750% senior…

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Wayfair Raises $700M in Strategic Debt Move: What This Means for Growth

Wayfair strengthens financial position with $700M senior notes and $500M credit facility, strategically refinancing convertible notes while extending debt maturity to 2030.

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The Times of Northwest Indiana broke the news in Cherokee County, United States 1 day ago on Tuesday, March 11, 2025.

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