Tronox Announces Proposed Offering of Senior Notes
STAMFORD, Conn. , March 1, 2021 |PRNewswire| -- Tronox Holdings plc (NYSE: TROX ) ("Tronox" or the "Company") today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, $625 million aggregate principal amount of senior notes due 2029 (the "Notes"). The Company expects to use the net proceeds from the offering, along with cash on hand, to finance the redemption of the Issuer's outstanding 6.500% senior notes due 2026. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will not be registered under the Securities Act, or any state securities laws, … Full story available on Benzinga.com
Tronox Announces Proposed Offering of Senior Notes
STAMFORD, Conn. , March 1, 2021 |PRNewswire| -- Tronox Holdings plc (NYSE: TROX ) ("Tronox" or the "Company") today announced that Tronox Incorporated (the "Issuer"), a wholly owned subsidiary of the Company, intends to offer, subject to market and other considerations, $625 million aggregate principal amount of senior notes due 2029 (the "Notes"). The Company expects to use the net proceeds from the offering, along with cash on hand, to finance the redemption of the Issuer's outstanding 6.500% senior notes due 2026. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will not be registered under the Securities Act, or any state securities laws, … Full story available on Benzinga.com