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Harley-Davidson Financial Services, Inc. Announces It is Giving Notice of Full Redemption of its Outstanding 6.50% Medium-Term Notes due 2028
Prnewswire· 2025-12-02 12:55
Core Viewpoint - Harley-Davidson Financial Services, Inc. announced the redemption of all outstanding 6.50% Medium-Term Notes due 2028 on December 12, 2025, with the redemption price being the greater of 100% of the principal amount or the "make-whole" redemption price plus accrued interest [1][2]. Group 1 - The total principal amount of outstanding Notes is approximately $262.9 million [2]. - The redemption will be funded from the company's cash and cash equivalents [2]. - Citibank, N.A. is serving as the paying agent for the Notes [3]. Group 2 - Harley-Davidson Financial Services, Inc. is a subsidiary of Harley-Davidson, Inc. and is involved in financing and servicing wholesale inventory receivables and retail consumer loans, primarily for Harley-Davidson and LiveWire motorcycles [4]. - The company also collaborates with third parties to provide motorcycle insurance and voluntary protection products [4]. - HDFS primarily operates in the United States and Canada, with financing options available through third-party financial institutions in other regions [4].