Neustar, Inc. (NSR: Quote) said Friday that it has priced an offering of $300 million aggregate principal amount of 4.50% senior notes due 2023 at a price of 100% of the principal amount, which will result in gross proceeds of $300 million.
The offering is expected to close on or about January 22.
The company expects to use the net proceeds from the issuance of the notes to refinance a portion of its current debt obligations.
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by RTT Staff Writer
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