debt
confidence high
sentiment neutral
materiality 0.55
Cabot issues $400M 5.000% senior notes due 2032 to refinance $350M notes
CABOT CORP
- Issued $400M aggregate principal of 5.000% senior notes maturing 2032.
- Proceeds will redeem $350M of 3.70% senior notes due July 2022.
- Remaining proceeds used for working capital and general corporate purposes.
- Notes issued under shelf registration; indenture with U.S. Bank Trust Company.