debt
confidence high
sentiment neutral
materiality 0.60
FMC proposes $750M senior secured notes due 2031 to refinance debt
FMC CORP
- $750M aggregate principal amount of senior secured notes due 2031.
- Proceeds to redeem 3.200% Senior Notes due Oct 2026, repay revolver borrowings, and for other debt repayment.
- Notes fully and unconditionally guaranteed by subsidiaries in US, Switzerland, Netherlands, Canada, Singapore.
- Secured by first-priority liens on assets of the company and certain guarantors.
- Offering subject to market conditions; no assurance of completion.
item 8.01item 9.01