Kronos Worldwide prices €75M add-on 9.50% senior secured notes due 2029 at 107.50% of par

KRONOS WORLDWIDE INC

KII agreed to sell €75M in additional 9.50% senior secured notes due 2029, on top of existing €276M.
Notes priced at 107.50% of par; net proceeds ~€80.6M (≈$87.5M).
Proceeds to repay portion of Wells Fargo revolver used for Louisiana Pigment Company acquisition.
Closing expected on or about July 30, 2024, subject to customary conditions.

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