Regal Rexnord Corporation Announces Closing of Senior Notes Offering
BELOIT, Wis., Jan. 24, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE:RRX) (the "Company") today announced that it has closed its previously announced offering of $4.7 billion aggregate principal amount of its senior unsecured notes (collectively, the "Notes"). The Company issued $1,100,000,000 aggregate principal amount of its 6.05% Senior Notes due 2026, $1,250,000,000 aggregate principal amount of its 6.05% Senior Notes due 2028, $1,100,000,000 aggregate principal amount of its 6.30% Senior Notes due 2030 and $1,250,000,000 aggregate principal amount of its 6.40% Senior Notes due 2033. The Notes were offered in a private placement to persons reasonably believed to be qualified insti