Small font size A Larger text size A Largest text size A

Harrow to Issue Additional $50 Million Debt Offering

BY MT Newswires | CORPORATE | 09:04 AM EDT

09:04 AM EDT, 03/24/2026 (MT Newswires) -- Harrow (HROW) said Tuesday that it plans to offer an additional $50.0 million worth of its 8.625% senior unsecured notes due 2030.

The notes are to be issued under the same conditions governing the $250 million offering of the 2030 notes issued in September, the company said.

Harrow said it intends to use the net proceeds from the additional issuance for general corporate purposes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

PRECIOUS-Gold climbs over 2% on softer dollar, easing fears of higher interest rates BY Reuters |ECONOMIC 09:20 PM EDT
Fed's Goolsbee says inflation progress needed to cut rates this year, PBS reports BY Reuters |ECONOMIC 07:34 PM EDT
Fed's Barr sees rates holding steady 'for some time' given above-target inflation BY Reuters |ECONOMIC 06:31 PM EDT
Fed's Barr sees rates holding steady 'for some time' given above-target inflation BY Reuters |ECONOMIC 06:30 PM EDT

All Fixed Income News

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.

fir_news_article