FMC CORP (FMC): debt financing — FMC closes $1.2B 8% senior secured notes due 2031; proceeds to refinance near-term debt

FMC CORP

Issued $1.2B aggregate principal of 8.000% Senior Secured Notes, maturing June 1, 2031.
Net proceeds ~$1.185B; will fund redemption of $3.200% Senior Notes due Oct 2026 and repay credit facility.
Notes are fully and unconditionally guaranteed by certain U.S., Swiss, Dutch, Canadian and Singapore subs.
Secured by first-priority liens on substantially all U.S., Canada, and Switzerland assets of issuer and guarantors.
Key covenants limit additional debt, dividends, asset sales, liens; change of control put at 101%.

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

FMC CORP incurred senior notes of $1.2 billion aggregate principal amount with Citigroup Global Markets Inc., as representative of the several initial purchasers at 8.000% per annum maturing mature on June 1, 2031.

Instrument: senior notes
Principal: $1.2 billion aggregate principal amount
Counterparty: Citigroup Global Markets Inc., as representative of the several initial purchasers
Rate: 8.000% per annum
Maturity: mature on June 1, 2031
Event: incurrence

Exact text from the filing

completed its previously announced private offering (the “Offering”) of $1.2 billion aggregate principal amount of its 8.000% Senior Secured Notes due 2031

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FMC CORP entered into Indenture with U.S. Bank Trust Company, National Association, as trustee and notes collateral agent valued at $1.2 billion aggregate principal amount (effective 2026-06-05).

Action: entry
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association, as trustee and notes collateral agent
Value: $1.2 billion aggregate principal amount
Effective: 2026-06-05

Exact text from the filing

The Notes were issued pursuant to, and are governed by, an indenture (the “Indenture”), dated as of June 5, 2026, between the Company, the Subsidiary Guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) and notes collateral agent (the “Notes Collateral Agent”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FMC CORP entered into purchase agreement with Citigroup Global Markets Inc., as representative of the several initial purchasers valued at $1.2 billion aggregate principal amount (effective 2026-05-21).

Action: entry
Agreement: underwriting
Counterparty: Citigroup Global Markets Inc., as representative of the several initial purchasers
Value: $1.2 billion aggregate principal amount
Effective: 2026-05-21

Exact text from the filing

On June 5, 2026, FMC Corporation (the “Company”) completed its previously announced private offering (the “Offering”) of $1.2 billion aggregate principal amount of its 8.000% Senior Secured Notes due 2031 (the “Notes”). The Notes were sold under a purchase agreement, dated as of May 21, 2026, entered into by and among the Company, the Subsidiary Guarantors (as defined below) party thereto and Citigroup Global Markets Inc., as representative of the several initial purchasers

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

FMC CORP filing history →

Source: SEC EDGAR

accession 0001193125-26-259541

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