debt
confidence high
sentiment neutral
materiality 0.55
NL Industries affiliate Kronos International issues €75M additional 9.50% Senior Secured Notes due 2029
NL INDUSTRIES INC
- Issuer Kronos International issued €75M additional 9.50% Senior Secured Notes due 2029 at issue price 105%.
- Interest accrues from Sept 15, 2025; first payment March 15, 2026; existing guarantees and collateral reaffirmed.
- Notes issued under Third Supplemental Indenture consolidating with existing €351.174M notes of same series.
- NL Industries discloses this direct financial obligation via incorporation by reference to Kronos Worldwide's 8-K.
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