NewMarket Corp. (NEU) 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.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.