debt
confidence high
sentiment neutral
materiality 0.45
Cabot issues $350M of 4.950% senior notes due 2029
CABOT CORP
- Completed issuance of $350M aggregate principal of 4.950% senior notes due 2029.
- Net proceeds to redeem $250M of 3.40% senior notes due September 2026.
- Remainder for working capital and general corporate purposes, incl. repayment of commercial paper or revolving credit.
- Notes issued under Second Supplemental Indenture dated Aug 21, 2026; U.S. Bank Trust is trustee.
- Offering registered on shelf Form S-3ASR (Reg. No. 333-276078); legal opinion by Ropes & Gray.