secwatch.observer — SEC 8-K summary
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Issuer:     KRONOS WORLDWIDE INC (KRO)
CIK:        0001257640
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001257640-24-000034
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1257640/000125764024000034/0001257640-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1257640/000125764024000034/kro-20240723x8k.htm
  HTML page:      https://secwatch.observer/filing/0001257640-24-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer