Minerals Technologies launches $400 million senior notes offering due 2034
MTX•Minerals Technologies launched a private offering of $400 million in senior notes due 2034, with proceeds and cash on hand earmarked to redeem all outstanding 5.000% senior notes due 2028 and cover transaction fees.
1. Use of proceeds
The company said funding would also cover fees tied to the notes sale, including an amendment and extension of its revolving credit facility.
