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Central Garden & Pet Announces Pricing of $500 Million of Senior Notes

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Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), announced today it has priced an offering of $500 million aggregate principal amount of 4.125% senior notes due 2030 (the “notes”), which represents an increase in the offering size of $100 million from the previously announced offering of $400 million. The sale of the notes is expected to close on October 16, 2020, subject to customary closing conditions. The notes will be unconditionally guaranteed on a senior basis by each of Central’s existing and future domestic restricted subsidiaries who are borrowers under or guarantors of Central’s senior secured revolving credit facility or guarantee Central’s other debt. Central intends to use the net proceeds from the offering to redeem its outstanding 6.125% senior notes due 2023 (the “existing notes”), and to pay related fees and expenses, with the remainder for general corporate purposes.

BofA Securities, Inc, J.P. Morgan Securities LLC and

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Central Garden & Pet Announces Offering of $400 Million of Senior Notes

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Central Garden & Pet Company (NASDAQ: CENT) (NASDAQ: CENTA) (“Central”), announced today it has commenced an offering, subject to market and other conditions, of $400 million aggregate principal amount of senior notes due 2030 (the “notes”). The notes will be unconditionally guaranteed on a senior basis by each of Central’s existing and future domestic restricted subsidiaries who are borrowers under, or guarantors of, Central’s senior secured revolving credit facility or guarantee Central’s other debt. Central intends to use the net proceeds from the offering, together with cash on hand, to redeem its outstanding 6.125% senior notes due 2023 (the “existing notes”) and to pay related fees and expenses.

BofA Securities, Inc, J.P. Morgan Securities LLC and Truist Securities, Inc. will serve as joint book-running managers for the offering, and BMO Capital Markets Inc., KeyBanc Capital Markets Inc. and U.S. Bancorp Investments, Inc. will serve as co-managers.

Copies of the prospectus

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White House to announce economic coronavirus task force soon: senior administration official

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FILE PHOTO: U.S. President Donald Trump addresses the daily coronavirus task force briefing at the White House in Washington, U.S., April 7, 2020. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) – The White House is expected to announce soon formation of a second coronavirus task force, this one devoted to getting the U.S. economy going again when the time is right, a senior administration official said on Thursday.

Trump said earlier this week that he was considering the idea as he ponders when to bring back greater economic activity and rebound from a virus-induced collapse in the economy that has left millions jobless.

The task force is expected to include Treasury Secretary Steven Mnuchin and White House senior economic adviser Larry Kudlow, among others, the official said.

Trump’s original task force, which includes health experts Dr. Anthony Fauci and Dr. Deborah Birx, is devoted to slowing the spread of the virus and finding

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