What was the amount of the 2026 Notes issued by The Standardx?

According to The Standardx's 2025 Franchise Disclosure Document, in 2016, The Standardx issued $400 million of 4.850% senior notes due in 2026. These notes were issued at a price of 99.920% and are referred to as the "2026 Notes."

This means that The Standardx took on a significant debt obligation, which prospective franchisees should consider in the context of the company's overall financial health. The fact that these notes are due in 2026 suggests that The Standardx will need to have a plan in place to repay or refinance this debt, which could impact the company's financial flexibility and ability to invest in the franchise system.

For a potential franchisee, understanding the terms and amounts of The Standardx's debt can provide insights into the financial stability and risk profile of the company. It is important to consider how these obligations might affect The Standardx's ability to support its franchisees and maintain the brand's competitiveness.