Compass Diversified (CODI) announced that the company has priced $300 million in aggregate principal amount of 5.000 percent senior unsecured notes due 2032 at an issue price of 100 percent in a previously announced private offering.
The notes will be the company’s senior unsecured obligations and will not be guaranteed by any of the Company’s subsidiaries.
The Company intends to use the net proceeds of the Notes offering to repay a portion of the outstanding balance under the Company’s existing revolving credit facility.
CODI’s business holdings include 5.11, Boa Technology, Marucci Sports and Velocity Outdoor in the active lifestyle space. Other businesses include Advanced Circuits, Arnold Magnetic Technologies, Ergobaby, Foam Fabricators, and Sterno.
