Workflow
Hot Wheels®
icon
Search documents
Mattel, Inc. Announces Pricing of Senior Notes Offering
Businesswire· 2025-11-06 00:45
Core Viewpoint - Mattel, Inc. has announced the pricing of a public offering of $600 million in senior notes, which will mature on November 17, 2030, with an interest rate of 5.000% [1][2]. Group 1: Offering Details - The offering consists of $600 million aggregate principal amount of senior notes due in 2030 [1]. - The notes will be senior, unsecured obligations of the company [1]. - The offering is expected to close on or about November 17, 2025, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to redeem all outstanding 3.375% senior notes due 2026 and to cover related fees and expenses [2]. Group 3: Underwriters - BofA Securities, Citigroup Global Markets, Wells Fargo Securities, and Goldman Sachs are acting as joint book-running managers for the offering [3]. - Some underwriters may hold portions of the existing 2026 notes and could receive a portion of the proceeds from this offering [3]. Group 4: Regulatory Compliance - The offering was made under a shelf registration statement filed with the SEC, which became effective on October 30, 2025 [4]. - A preliminary prospectus supplement has been filed, and a final prospectus will also be filed with the SEC [4].
Mattel Brick Shop™ and Hot Wheels® Debut Collector Builds of Two Legendary Audi Models
Businesswire· 2025-09-25 15:00
Core Insights - Mattel, Inc. has announced a collaboration with quattro GmbH and Auto Union GmbH, subsidiaries of AUDI AG, to expand its Mattel Brick Shop™ line with new vehicle building sets [1] - The new collection features two models: an Audi Avant RS2 in 1:32 scale and an Audi R8 LMS in 1:16 scale, enhancing the brand's portfolio in the toy industry [1] - Hot Wheels®, a leading product of Mattel, is recognized as the number one selling toy globally, indicating strong market presence and brand recognition [1]