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HRG Group Closes Offering of Senior Secured Notes
- Client News
- April 14, 2015
Paul, Weiss client HRG Group, Inc., a diversified holding company formerly known as Harbinger Group Inc., completed a tack-on offering of $100 million of its 7.875% senior secured notes due 2019. Proceeds from the sale are being used for working capital by the company and its subsidiaries and for general corporate purposes, including further investments in existing businesses and the financing of future acquisitions and businesses.
The Paul, Weiss team advising HRG Group included securities partner Raphael Russo; and finance partner Eric Goodison and counsel Pearl Yuan-Garg.