Nassau News
HARTFORD, Conn., July 7, 2025 — The Nassau Companies of New York announced today that it has commenced a private offering (the “Offering”) of $400 million aggregate principal amount of its senior notes due 2030 (the “2030 Notes”), subject to market and other conditions.
The Nassau Companies of New York intends to use the net proceeds from the offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.
The 2030 Notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act. The offer and sale of the 2030 Notes have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
This release does not constitute an offer to sell or the solicitation of an offer to buy the 2030 Notes, nor will there be any sale of the 2030 Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful.
