05:28 PM EDT, 06/16/2025 (MT Newswires) -- Compass Minerals International ( CMP ) said late Monday it closed a $650 million private offering of senior notes due 2030, bearing a rate of 8%.

The company said it also amended its credit agreement to eliminate automatic periodic step-downs in the revolving commitments, which are to be fixed at $325 million.

Compass Minerals ( CMP ) said it plans to use the net proceeds to repay outstanding debt under its senior secured credit facility, redeem $350 million of 2027 notes, cover transaction costs, and for general corporate purposes.