debt
confidence high
sentiment neutral
materiality 0.60
Kronos International issues €75M additional 9.50% senior secured notes due 2029
VALHI INC /DE/
- Issued €75M in additional 9.50% Senior Secured Notes due 2029 at an issue price of 105%.
- Total principal outstanding increases to €426.174M (from €351.174M).
- Notes guaranteed by Kronos Worldwide and affiliates; collateral granted under existing security documents.
- Interest accrues from Sept 15, 2025; first payment due March 15, 2026.
- Additional Notes Priority Joinder executed to include new notes under existing pledge agreement.
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