Kronos Worldwide Inc. Announces €75 Million Private Placement of Senior Secured Notes Due 2029
Kronos Worldwide, Inc. has announced a private offering of €75 million in additional 9.50% Senior Secured Notes due 2029. This offering extends the existing €351,174,000 of similar notes. The new notes will have the same terms as the existing ones and are guaranteed by the company and its domestic subsidiaries. Proceeds will be used to pay off 3.75% Senior Secured Notes due September 2025 or repay amounts drawn from its credit facility with Wells Fargo, with any additional funds for general corporate purposes.
Kronos Worldwide, Inc. has announced a private offering of €75 million in additional 9.50% Senior Secured Notes due 2029 through its wholly-owned subsidiary, Kronos International, Inc. This offering is an extension to the existing €351,174,000 of similar notes previously issued. These new notes will have the same terms as the existing ones and are fully and unconditionally guaranteed on a senior basis by the company and its domestic subsidiaries. The company plans to use the proceeds to pay off its 3.75% Senior Secured Notes due September 2025 or to repay any amounts drawn from its credit facility with Wells Fargo. Any additional funds will be used for general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KRONOS Worldwide Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9522356-en) on September 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
