Loan & DebtMay 27, 2026, 05:16 PM
Nutrien to Issue $1B in Senior Unsecured Notes Due 2031 and 2036
AI Summary
Nutrien Ltd. has agreed to sell $1 billion in senior unsecured notes, comprising $500 million of 4.850% Notes due May 29, 2031, and $500 million of 5.350% Notes due May 29, 2036. The notes will pay interest semi-annually, commencing November 29, 2026. The offering is being underwritten by a syndicate of financial institutions, with J.P. Morgan Securities LLC acting as Lead Underwriter.
Key Highlights
- Nutrien to issue $500,000,000 of 4.850% Notes due May 29, 2031.
- Nutrien to issue $500,000,000 of 5.350% Notes due May 29, 2036.
- Total principal amount of notes issued is $1,000,000,000.
- 2031 Notes reoffer yield: 4.873% at a price of 99.899%.
- 2036 Notes reoffer yield: 5.354% at a price of 99.969%.
- Interest payable semi-annually on May 29 and November 29, starting November 29, 2026.
- Optional redemption for changes in withholding taxes at 100% of principal.
Price Impact
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