Harrow, Inc. launched a private offering to sell $50.0 million aggregate principal amount of additional 8.625% Senior Notes due 2030 under the same indenture as its existing $250 million notes issued on September 12, 2025. Net proceeds are intended for general corporate purposes, including growth initiatives like new product launches, product development, and strategic opportunities.
Key takeaways
Launched private offering of $50.0 million additional 8.625% Senior Notes due 2030 on March 24, 2026
Offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S
New Notes fungible with $250 million Existing Notes issued September 12, 2025, same terms except issuance date and price
Guaranteed by existing and future wholly-owned domestic restricted subsidiaries
Use of proceeds: general corporate purposes including new product launches, product development, strategic business development
No assurance of completion on favorable terms or at all