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CF Industries Launches Senior Notes Offering Of Up To $1.5 Bln

CF Industries Holdings, Inc. (CF) said Monday that its subsidiary CF Industries, Inc. is commencing a public offering of senior notes in an aggregate principal amount of up to $1.5 billion.

CF Industriesplans to use the net proceeds from the offering of senior notes to fund its capacity expansion projects and working capital and for other general corporate purposes, including stock repurchases.

Morgan Stanley & Co. LLC and Goldman, Sachs & Co. are acting as joint book-running managers for the senior notes offering.

by RTTNews Staff Writer

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