secwatch / observer
8-K filed May 1, 2024, 7:59 PM ET ticker TROX CIK 0001530804
debt confidence high sentiment neutral materiality 0.55

Tronox Holdings plc (TROX): debt financing — Tronox closes $741.1M refinancing of incremental term loans, extends maturity to 2029

Tronox Holdings plc

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Tronox Holdings plc incurred term loan of $741,000,000 with HSBC Bank USA, National Association at base rate or SOFR rate plus an applicable margin; margin of 1.75% per annum for maturing April 4, 2029.

Instrument
term loan
Principal
$741,000,000
Counterparty
HSBC Bank USA, National Association
Rate
base rate or SOFR rate plus an applicable margin; margin of 1.75% per annum for
Maturity
April 4, 2029
Event
incurrence
Exact text from the filing
the Amendment provides the Borrower with a new five-year incremental term loan facility (the “2024 Other Term Facility” and the loans thereunder, the “2024 Other Term Loans”) in an aggregate principal amount of $741,000,000
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Tronox Holdings plc entered into Amendment No. 4 with HSBC Bank USA, National Association valued at $741,000,000 (effective 2024-05-01).

Action
entry
Agreement
credit facility
Counterparty
HSBC Bank USA, National Association
Value
$741,000,000
Effective
2024-05-01
Exact text from the filing
On May 1, 2024, Tronox Finance LLC (the “Borrower”), an indirect subsidiary of Tronox Holdings plc (the “Company”), together with the Company and certain of the Company’s subsidiaries, entered into Amendment No. 4 (the “Amendment”) to the Credit Agreement (as defined below) with the term lenders party thereto and HSBC Bank USA, National Association, as Administrative Agent and Collateral Agent. The Amendment provides the Borrower with a new five-year incremental term loan facility (the “2024 Other Term Facility” and the loans thereunder, the “2024 Other Term Loans”) in an aggregate principal amount of $741,000,000
View on SEC.gov

312 debt financings filed in the last 30 days. Browse all debt financings →

Tronox Holdings plc filing history →

Source: SEC EDGAR
accession 0001140361-24-023752
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