Kirby Corp issues $300M in senior notes at 3.46% and 3.51% to refinance 2023 notes

KIRBY CORP

$60M Series A at 3.46% due Jan 19, 2033; $240M Series B at 3.51% due Jan 19, 2033.
Series A closes Oct 20, 2022; Series B closes Jan 19, 2023.
Proceeds to repay $300M of 3.29% senior notes due Feb 27, 2023.
Covenants include interest coverage, debt-to-capitalization, and restrictions on liens and asset sales.

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