Compass Minerals (CMP) Prices $650M Notes Offering
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Compass Minerals Announces Pricing of $650 Million Senior Notes due 2030 and Partial Redemption of Senior Notes due 2027
June 3, 2025 5:10 PM EDTOVERLAND PARK, Kan.--(BUSINESS WIRE)-- Compass Minerals International, Inc. (NYSE: CMP) (Compass Minerals or the Company) has priced an offering of $650 million aggregate principal amount of 8.000% senior notes due 2030 (the Notes) in a private offering. The sale of the Notes is expected to be completed on or about June 16, 2025, subject to customary closing conditions. The Notes will be senior unsecured obligations of Compass Minerals and will be guaranteed by certain of its domestic subsidiaries.
Compass Minerals intends to use the net proceeds from this offering (i) to repay all outstanding amounts under its senior... More
