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Los Angeles Business Journal: Mattel Ups Junk Bond Offer After Resolving Whistleblower Allegations

November 18, 2019

Mattel announced a new US$250 million senior notes offering as the independent investigation into its accounting practices conducted by O’Melveny and FTI Consulting concludes, this article reported. The investigation was triggered by a letter from a whistleblower questioning the company’s accounting practices. This article noted that Mattel has “thoroughly investigated the letter’s allegations” and are moving forward with plans that were put on hold when the allegations were made in August.