04:09 AM EDT, 09/05/2025 (MT Newswires) -- JBT Marel ( JBTM ) said late Thursday it priced a $500 million private offering of 0.375% convertible senior notes due 2030.

The company granted initial buyers a 13-day option to purchase up to an additional $75 million of the notes.

Net proceeds will be used in part to cover the cost of convertible note hedge and warrant transactions, as well as to repay debt.

The offering is due to close on Sept. 9, the company said.