Cahill Represents Initial Purchasers in $500 Million Notes Offering for Carter’s, Inc.
Date: 05/11/20
Cahill represented the initial purchasers in connection with a Rule 144A offering of $500,000,000 aggregate principal amount of 5.500% senior notes due 2025 by The William Carter Company, a wholly-owned subsidiary of Carter’s, Inc. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. Carter’s, Inc., which also owns OshKosh B’gosh in addition to its eponymous clothing retailer, is the largest branded marketer in North America of apparel exclusively for babies and young children.