What was the interest rate for The Standardx's 2028 Notes?

According to The Standardx's 2025 Franchise Disclosure Document, the company issued $400 million of 4.375% senior notes due in 2028. These notes were issued in 2018 at an issue price of 99.866% and are referred to as the "2028 Notes."

For a prospective franchisee, this information provides insight into The Standardx's financial structure and how it manages its debt. Understanding the interest rates and maturity dates of the company's senior notes can help franchisees assess the financial stability and long-term planning of The Standardx.

The document also mentions that interest on the outstanding Senior Notes is payable semi-annually and that The Standardx may redeem some or all of the Senior Notes at any time prior to their maturity. The redemption price would be 100% of the principal amount of the Senior Notes redeemed plus accrued and unpaid interest, if any, to the date of redemption plus a make-whole amount, if any. The amount of any make-whole payment depends, in part, on the yield of U.S. Treasury securities with a comparable maturity to the Senior Notes at the date of redemption.