debt
confidence high
sentiment neutral
materiality 0.55
PPG completes €900M 3.250% Notes due 2032 offering for general corporate purposes
PPG INDUSTRIES INC
- €900M aggregate principal of 3.250% Notes due 2032 issued on March 4, 2025.
- Notes issued at 99.022% of principal; public offering price 99.422%.
- Net proceeds used for general corporate purposes, including debt repayment or acquisitions.
- Notes contain change-of-control put at 101% and tax redemption at 100%.
- Underwriting agreement includes customary indemnification for underwriters.