Levi Strauss Launches $555.1 Million Private Debt Offering

BY MT Newswires | CORPORATE | 07/14/25 05:49 AM EDT

05:49 AM EDT, 07/14/2025 (MT Newswires) -- Levi Strauss & Co. (LEVI) said Monday it has initiated a private placement of up to 475 million euros ($555.1 million ) worth of senior notes due 2030.

Net proceeds from the offering, along with cash on hand, will be used to redeem its 3.375% senior notes due 2027.

Shares of the company declined more than 1% in recent Monday premarket trading.

Price: 21.70, Change: -0.25, Percent Change: -1.14

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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