Loan & DebtMay 27, 2026, 06:07 AM
Nutrien Prices US$1.0B Senior Notes Offering
AI Summary
Nutrien Ltd. announced the pricing of a US$1.0 billion aggregate principal amount offering of senior notes. This includes US$500 million of 4.850% notes due 2031 and US$500 million of 5.350% notes due 2036. The company intends to use the net proceeds to repay existing senior notes, reduce short-term credit facility debt, finance working capital, and for general corporate purposes. The offering is expected to close around May 29, 2026.
Key Highlights
- Nutrien priced an offering of US$1.0 billion in senior notes.
- The offering includes US$500 million of 4.850% senior notes due May 29, 2031.
- It also includes US$500 million of 5.350% senior notes due May 29, 2036.
- Net proceeds will repay US$500 million of 4.000% senior notes maturing December 15, 2026.
- Funds will also reduce outstanding indebtedness under short-term credit facilities.
- Proceeds are intended for working capital and general corporate purposes.
- The offering is expected to close on or about May 29, 2026.
Price Impact
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