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Kronos Worldwide Plans $87.2 Million Private Debt Offering
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Kronos Worldwide Plans $87.2 Million Private Debt Offering
Sep 3, 2025 1:21 AM

03:59 AM EDT, 09/03/2025 (MT Newswires) -- Kronos Worldwide ( KRO ) said Wednesday it plans to raise debt capital through a private offering of 75 million euros ($87.2 million) of additional 9.50% senior secured notes due 2029 through its Kronos International subsidiary.

The notes are being offered as an addition to the existing 351.2 million euros of notes issued in February 2024 and July 2024, the company said.

Kronos Worldwide ( KRO ) intends to use net proceeds of the offering to pay down other debt and for general corporate purposes.

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