Minerals Technologies launches $400M senior notes offering due 2034 to redeem 5.000% notes due 2028

MINERALS TECHNOLOGIES INC

MTI announced a private offering of $400 million aggregate principal amount of senior notes due 2034, subject to market and other conditions.
Net proceeds, plus cash on hand, will redeem all outstanding 5.000% senior notes due 2028 and pay fees tied to the offering and a concurrent revolving credit facility amendment and extension.
Notes and guarantees offered only to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S; not registered under the Securities Act.
Company says no assurance the offering will be consummated on proposed terms or at all; press release is not a notice of redemption for the 2028 Notes.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.