05:43 PM EST, 11/10/2025 (MT Newswires) -- Carpenter Technology ( CRS ) said late Monday that it priced a $700 million private offering of 5.625% senior notes due 2034.
The company intends to use the net proceeds and existing cash to redeem its 6.375% notes due 2028 and 7.625% notes due 2030, and for other corporate purposes, including paying down debt.
The offering is expected to close on Nov. 20.