The company sold bonds maturing in 10 years for general corporate purposes. — Bloomberg
NEW YORK: Hasbro Inc sold a US$500mil bond on Wednesday, raising debt for the first time in nearly five years and joining a wave of blue-chip companies storming the US investment-grade market in the busiest week of the year.
The maker of games such as Monopoly and Dungeons & Dragons sold bonds maturing in 10 years for general corporate purposes, according to a person with knowledge of the matter.
