11:25 AM EST, 01/16/2025 (MT Newswires) -- Chemtrade Logistics Income Fund (CHE-UN.TO) on Thursday said it closed its private placement offering, raising an additional $125 million, for a total of $375 million, in the sale of 6.375% senior unsecured notes, due 2029.

Chemtrade will use the proceeds to pay down debt, and for general corporate purposes.

The company's units were last seen down $0.09 to $10.47 on the Toronto Stock Exchange.

Price: 10.42, Change: -0.14, Percent Change: -1.33