MATTHEWS INTERNATIONAL CORP 8-K
Accession 0000063296-26-000006
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 4:20 PM ET
Size
176.6 KB
Accession
0000063296-26-000006
Research Summary
AI-generated summary of this filing
Matthews International Announces Redemption of 2027 Second Lien Notes
What Happened
Matthews International Corporation announced on January 12, 2026 that it issued a notice of redemption for 100% of its outstanding 8.625% Senior Secured Second Lien Notes due 2027. The company will redeem the Notes on January 22, 2026 at the indenture redemption price of 104.313% of principal, plus accrued and unpaid interest to, but not including, the redemption date. As of January 12, 2026 the outstanding principal amount of the Notes was $300,000,000. The Company also issued a press release dated January 12, 2026 (attached as Exhibit 99.1).
Key Details
- Redemption notice issued: January 12, 2026; redemption date: January 22, 2026.
- Notes: 8.625% Senior Secured Second Lien Notes due 2027.
- Outstanding principal as of Jan 12, 2026: $300,000,000.
- Redemption price: 104.313% of principal plus accrued and unpaid interest to, but not including, the redemption date.
Why It Matters
The redemption will retire the company’s outstanding 2027 second-lien notes, eliminating future interest obligations on those specific securities and reducing outstanding debt under that issue by $300 million. Noteholders will receive a premium above par (104.313%) plus accrued interest. The filing does not disclose the source of funds to be used for the redemption. Investors may want to monitor Matthews’ future disclosures (e.g., press releases or subsequent filings) for details on funding and any impact on the company’s overall leverage, liquidity, or capital structure.
Documents
- 8-Kmatw-20260112.htmPrimary
8-K
- EX-99.1ex991_bondredemption.htm
EX-99.1 - PRESS RELEASE
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Issuer
MATTHEWS INTERNATIONAL CORP
CIK 0000063296
Related Parties
1- filerCIK 0000063296
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 4:20 PM ET
- Size
- 176.6 KB