Entertainment & Sports
Mar. 6, 2013
Sullivan helps Mattel with debt offering
El Segundo-based Mattel Inc. sold $500 million in bonds with help from Sullivan & Cromwell LLP.
Daily Journal Staff Writer
Sullivan & Cromwell LLP advised toy giant Mattel Inc. in a $500 million bond offering disclosed in a regulatory filing Monday.
With interest rates hanging at historic lows and some of its securities coming due later this month, the El Segundo-based company locked in a 1.7 percent rate on $250 million in notes due 2018 and sold an additional $250 million at 3.15 percent due 2023.
The ...
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