Harrow, Inc. announced the pricing of its $50.0 million aggregate principal amount private offering of additional 8.625% Senior Notes due 2030 to qualified institutional buyers and certain non-U.S. persons. The offering is expected to close on March 27, 2026, with net proceeds for general corporate purposes including growth initiatives and product development.
Key takeaways
$50.0 million aggregate principal amount of 8.625% Senior Notes due 2030 priced at 100.25% of principal plus accrued interest from March 15, 2026
Additional notes under indenture governing $250.0 million Existing Notes issued September 12, 2025
Interest payable semi-annually on March 15 and September 15, maturing September 15, 2030
Private offering pursuant to Rule 144A and Regulation S, unregistered under Securities Act
Expected closing March 27, 2026, subject to customary conditions
Proceeds for general corporate purposes, new product launches, product development, strategic opportunities