Wolverine worldwide provides update on actions to optimize capital structure

Rockford, mich.--(business wire)--wolverine world wide, inc. (nyse: www) (the “company”) today provided an update on actions it has taken to increase the liquidity and flexibility of its capital structure, primarily through the sale of $550 million of 4.000% senior notes due 2029 (the “notes”), which closed today. the company used the net proceeds from the sale of the notes, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% senior notes d
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