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.
Click here to receive FREE breaking news email alerts for NewMarket Corp and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News