0001193125-24-134364.txt : 20240508 0001193125-24-134364.hdr.sgml : 20240508 20240508171752 ACCESSION NUMBER: 0001193125-24-134364 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HASBRO, INC. CENTRAL INDEX KEY: 0000046080 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 050155090 STATE OF INCORPORATION: RI FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-279146 FILM NUMBER: 24927545 BUSINESS ADDRESS: STREET 1: 1027 NEWPORT AVE STREET 2: P O BOX 1059 CITY: PAWTUCKET STATE: RI ZIP: 02861 BUSINESS PHONE: 4014318697 MAIL ADDRESS: STREET 1: 200 NARRAGANSETT PARK DRIVE CITY: PAWTUCKET STATE: RI ZIP: 02861-0200 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO BRADLEY INC DATE OF NAME CHANGE: 19850814 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO INDUSTRIES INC DATE OF NAME CHANGE: 19840917 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HASBRO, INC. CENTRAL INDEX KEY: 0000046080 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 050155090 STATE OF INCORPORATION: RI FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1027 NEWPORT AVE STREET 2: P O BOX 1059 CITY: PAWTUCKET STATE: RI ZIP: 02861 BUSINESS PHONE: 4014318697 MAIL ADDRESS: STREET 1: 200 NARRAGANSETT PARK DRIVE CITY: PAWTUCKET STATE: RI ZIP: 02861-0200 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO BRADLEY INC DATE OF NAME CHANGE: 19850814 FORMER COMPANY: FORMER CONFORMED NAME: HASBRO INDUSTRIES INC DATE OF NAME CHANGE: 19840917 FWP 1 d830878dfwp.htm FWP FWP

Relating to Preliminary Prospectus Supplement

dated May 7, 2024 to Prospectus dated May 6, 2024

Filed Pursuant to Rule 433

Registration No. 333-279146

May 7, 2024

Hasbro, Inc.

Pricing Term Sheet

$500,000,000 6.050% Notes due 2034

 

Issuer:    Hasbro, Inc.
Expected Ratings (Moody’s/S&P/Fitch)*:    Baa2/BBB/BBB-
Trade Date:    May 8, 2024
Settlement Date:    May 14, 2024 (T+4)
Title:    6.050% Notes due 2034
Principal Amount:    $500,000,000
Maturity Date:    May 14, 2034
Coupon (Interest Rate):    6.050%
Interest Payment Dates:    Semi-annually on May 14 and November 14, commencing on November 14, 2024
Spread to Benchmark Treasury:    + 160 basis points
Yield to Maturity:    6.088%
Benchmark Treasury:    UST 4.000% due February 15, 2034
Benchmark Treasury Price / Yield:    96-05+ / 4.488%
Make-Whole Call:    T + 25 basis points (prior to February 14, 2034)
Par Call:    On or after February 14, 2034
Price to Public:    99.718%
CUSIP / ISIN:    418056 BA4 / US418056BA46

Joint Book-Running Managers:   

BofA Securities, Inc.
Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Scotia Capital (USA) Inc.

Senior Co-Managers:   

BBVA Securities Inc.

Citizens JMP Securities, LLC

Co-Managers:   

ANZ Securities, Inc.

Barclays Capital Inc.

Huntington Securities, Inc.

SG Americas Securities, LLC

SMBC Nikko Securities America, Inc.

 

*

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

We expect that the delivery of the notes will be made against payment therefor on or about May 14, 2024, which is the fourth scheduled business day following the date of this term sheet (such settlement cycle being referred to as “T+4”). Under Rule 15c6-1 promulgated under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to that trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes on any date prior to two business days before delivery will be required, by virtue of the fact that the notes initially will settle in T+4, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement.

The issuer has filed a registration statement (including a prospectus) (File No. 333-279146) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling or e-mailing BofA Securities, Inc. toll-free at (800) 294-1322 or dg.prospectus_requests@baml.com, calling Citigroup Global Markets Inc. toll-free at (800) 831-9146, calling J.P. Morgan Securities LLC collect at (212) 834-4533 or calling Scotia Capital (USA) Inc. at (800) 372-3930.

 

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