EnerSys Announces Closing of $300 Million Aggregate Principal Amount of Senior Notes
EnerSys (NYSE:ENS) ("EnerSys" or the "Company") announced today the closing of $300 million aggregate principal amount of its 6.625% senior notes due 2032 (the "Notes"). The Notes were issued at an issue price of 100% of the principal amount. The Notes are unsecured, unsubordinated obligations of the Company and are guaranteed by each of the Company's subsidiaries that guarantee the Company's senior secured credit facilities and 4.375% senior notes due 2027.
The Company intends to use the net proceeds from the offering to repay and retire a portion of its outstanding term loans. The Company intends to use the remaining net proceeds for general corporate purposes, including to repay a port
