Chicago-headquartered JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) has completed its private offering, raising a total of $575 million through the issuance of 0.375 percent convertible senior notes due 2030. This amount includes $75 million from additional Notes exercised by the initial purchasers. The company has stated that it plans to use the net proceeds from this offering for undisclosed purposes.