debt
confidence high
sentiment neutral
materiality 0.70
Cabot issues $400M of 5.000% notes due 2032 under shelf registration
CABOT CORP
- $400M aggregate principal, 5.000% coupon, maturity 2032; expected closing June 22, 2022.
- Underwriting agreement with J.P. Morgan, Mizuho, U.S. Bancorp as representatives.
- Estimated total issuance expenses of $1,005,000 (SEC fee $37,080, rating agency fees $598,000, legal $250K).
- Notes issued under base indenture with U.S. Bank Trust Company as trustee.