logo
Share SHARE
FONT-SIZE Plus   Neg

NewMarket Prices $350 Million Of Senior Notes

NewMarket Corp. (NEU: Quote) said Thursday that it has priced its private offering of $350 million aggregate principal amount of 4.10% senior notes due 2022, at an issue price of 99.83%.

The company expects the private offering to close on or about December 20.

NewMarket plans to use the net proceeds from the offering to repay a portion of its borrowings under its revolving credit facility.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. To commemorate the launch of Hubble telescope twenty-five year ago, NASA unveiled celestial fireworks as official image, marked by brilliant tapestry of young stars flaring to life. Abercrombie & Fitch said it would stop hiring store employees based on their body type or physical attractiveness, and that its events, including store openings, will no longer have the presence of shirtless models.
comments powered by Disqus
Follow RTT