Kronos Worldwide, Inc. Announces Private Offering of an Additional €75 Million of 9.50% Senior Secured Notes Due 2029
1. Kronos plans to raise €75 million via new senior secured notes. 2. The offering targets the existing notes due 2029 with identical terms. 3. Proceeds will repay existing debts and support general corporate purposes. 4. This debt issuance reflects strategies for financial stability amid uncertainties. 5. Kronos operates globally, primarily selling titanium dioxide pigments.