Markets.News
Kronos Worldwide, Inc. is looking to raise debt capital through a private offering of €75 million aggregate principal amount of additional 9.50% Senior Secured Notes due 2029 by its subsidiary, Kronos International, Inc. This is in addition to the existing €351,174,000 aggregate principal amount of similar Notes issued in February and July 2024. The new Notes will have the same terms as the Existing Notes and will initially trade under different ISIN and Common Code numbers before consolidating with the Existing Notes after 40 days post-issuance.