Minerals Technologies closes $400 million senior notes offering
Bitget2026/10/13 20:59- Minerals Technologies completed an offering of $400 million 7.500% Senior Notes due 2032 on Oct. 13, 2026.
- Net proceeds, with cash on hand, earmarked to redeem all outstanding 5.000% senior notes due 2028.
- Interest set at 7.500% per year, paid semi-annually starting Jan. 15, 2027.
- Company also entered a credit agreement amendment tied to the refinancing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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