Compass Minerals prices $650M 8.000% senior notes due 2030, redeems $350M of 2027 notes

COMPASS MINERALS INTERNATIONAL INC

$650M private offering of 8.000% senior notes due 2030; closing expected June 16, 2025.
Will redeem $350M of 6.750% senior notes due 2027 at 101.125% of par plus accrued interest on June 17.
Proceeds to repay credit facility, redeem 2027 notes, pay fees, and for general corporate purposes.
Credit agreement amendment to fix revolver at $325M and replace leverage covenant with first-lien net leverage test.
$150M of the 2027 notes will remain outstanding after the redemption.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.