Kennametal Completes Tender Offer for $209.38M of 2028 Senior Notes

Kennametal Inc. announced the final results and expiration of its cash tender offer to purchase any and all of its outstanding 4.625% Senior Notes due 2028. The company accepted $209,384,000 in principal amount of the notes, out of an original $300,000,000 outstanding. The tender offer consideration was priced at $1,004.55 per $1,000 principal amount, plus accrued interest. Settlement is expected on May 29, 2026, contingent on the completion of a concurrent notes offering.