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ISIN Update: Add-On HRG Group $100 Million Senior-Secured Notes

April 12, 2015144A, International Securities Identification Number, ISIN, Reg Sjay

HRG Group, Inc. Announces Pricing Of Its Add-on $100 Million Senior Secured Notes Offering

PR Newswire Association LLC

NEW YORK, April 10, 2015 /PRNewswire/ — HRG Group, Inc. (“HRG” or the “Company”) announced that on April 9, 2015, it priced an offering of $100.0 million aggregate principal amount of its 7.875% Senior Secured Notes due 2019 (the “New Notes”) (CUSIP No.: 40434J AA8 / ISIN: US40434JAA88 (Rule 144A) and CUSIP No.: U4428L AA4 / ISIN: USU4428LAA45 (Regulation S)). The New Notes are expected to be issued under the Company’s existing indenture governing its 7.875% Senior Secured Notes due 2019 (the “Existing Notes” and together with the New Notes, the “Notes”). The New Notes were priced at 104.500% of par with a coupon of 7.785% plus accrued interest from January 15, 2015. The Notes will mature on July 15, 2019. The offering is expected to close on or about April 14, 2015. The Company expects to use the net proceeds from the issuance of the New Notes for working capital by it and its subsidiaries and for general corporate purposes, including further investments in HRG’s existing businesses and the financing of future acquisitions and businesses.

The New Notes were offered to qualified institutional buyers and reoffered pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States under Regulation S of the Securities Act.

The New Notes offered in this offering have not been registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the New Notes, nor shall there be any offer, solicitation or sale of any New Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About the Company 

HRG Group, Inc. (formerly “Harbinger Group Inc.”) is a diversified holding company focused on owning and acquiring businesses that the Company believes can, in the long term, generate sustainable free cash flow or attractive returns on investment. The Company’s principal operations are conducted through businesses that: offer branded consumer products (such as consumer batteries, residential locksets, residential builders’ hardware, faucets, shaving and grooming products, personal care products, small household appliances, specialty pet supplies, lawn, garden and home pest control products, personal insect repellents); offer life insurance and annuity products; provide asset-backed loans; and own energy assets. Although the Company intends to own or seek to acquire controlling equity interests, the Company may also make investments in debt instruments and hold minority equity interests in companies

Tags: HRG Group, isin, isin code issuance, ISIN.net, obtain CUSIP, obtain isin code, senior-secured notes

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