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
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