Leggett & Platt announces fourth debt offering

The four issuances make up $730 million of long-term debt, with 9.8 years remaining on its weighted average life and a weighted average coupon of 4.7 percent.

The company also is considering issuing up to $400 million in commercial paper through a program backed by $400 million in revolving credit.

Leggett manufactures residential and commercial furnishings, aluminum products and industrial materials.

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