NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
NORTH AMERICAN BUSINESS
No Result
View All Result
Home ALL Chemical

The Chemours Company Announces Completion of Private Offering of $650 Million Aggregate Principal Amount of 4.625% Senior Unsecured Notes Due 2029

by Ed Johnson
August 19, 2021
A A

WILMINGTON, Del., Aug. 18, 2021 /PRNewswire/ — The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, today announced it has completed its previously announced private offering (the “offering”) of $650 million in aggregate principal amount of 4.625% senior unsecured notes due 2029 that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes are Chemours’ senior unsecured obligations and are guaranteed by certain of its subsidiaries.

The net proceeds of the offering are expected to be used, together with cash on hand, (i) to fund the purchase price and accrued and unpaid interest for any and all of Chemours’ outstanding 7.000% senior notes due 2025 (the “existing 2025 notes”) validly tendered and accepted for payment pursuant to Chemours’ previously announced cash tender offer for any and all of the existing 2025 notes (the “Tender Offer”) and (ii) to the extent applicable, to fund the redemption price and accrued and unpaid interest for any existing 2025 notes that remain outstanding after the completion or termination of the Tender Offer.

The notes and the related guarantees have not been, and will not be, registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. The notes were offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act. 

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is not an offer to purchase or the solicitation of an offer to sell any of the existing 2025 notes. The Tender Offer referenced herein is being made only by and pursuant to the terms of the applicable Offer to Purchase and Consent Solicitation Statement. The statements in this press release with respect to the redemption of the existing 2025 notes do not constitute a notice of redemption under the indenture governing the existing 2025 notes. Any such notice has or will be sent to holders of existing 2025 notes only in accordance with the provisions of such indenture.

Tags: < Financial Results
ShareTweetShareSend

Related Industries

Chemical

Dow innovations recognized with Sustainability Product of the Year awards from the Business Intelligence Group

September 15, 2023
Chemical

DuPont Names Recipients of 2023 Lavoisier Medal and Pedersen Award

September 8, 2023
ALL

Dow named among the “PEOPLE Companies that Care®” for 4th consecutive Year

August 24, 2023
Chemical

DuPont Wins Four R&D100 Awards

August 24, 2023
Chemical

DuPont Announces Agreement to Divest ~80% Ownership in Delrin® Business to TJC

August 22, 2023
Chemical

Dow Technology Wins 2023 ICIS Innovation Award

August 11, 2023

Hyundai Hires Chris Paukert to Lead U.S. Product Public Relations

September 1, 2023

...

Mastercard SpendingPulse: U.S. Retail Sales Expected to Grow 3.7%* This Holiday Season

September 20, 2023

...

Rockwell Automation Partners with Everactive, Increasing Customer Productivity and Sustainability

September 22, 2023

...

Kohler Co. Named in Fast Company’s ‘Best Workplaces for Innovators 2023: Sustained Excellence’ List

August 29, 2023

...

Anne‑Marie D’Angelo Joins Hilton as Executive Vice President and General Counsel

September 19, 2023

...

BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services

September 13, 2023

...

Steamship Authority Electrifies Fleet with BYD – RIDE Zero-Emission Buses

September 26, 2023

...

Iconic UPS Brown Delivery Vehicles Receive Personal Update for Company’s 116th Founders’ Day

August 29, 2023

...

Enabling low-carbon ammonia: our landmark agreement with CF Industries

September 12, 2023

...

NORTH AMERICAN BUSINESS (www.na-biz.com) is a leading source of business and corporate news, information, industry trends, market updates and insights across a broad spectrum of industries in North America and worldwide.

MENU

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor#na-biz.com

PARTNERSHIP:     biz#na-biz.com

HUMAN RESOURCE:     hr#na-biz.com

* (replace # with @)

  • Official Site

Copyright © NORTH AMERICAN BUSINESS All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © NORTH AMERICAN BUSINESS All rights reserved.