06:28 AM EDT, 06/18/2024 (MT Newswires) -- Nutrien ( NTR ) on Monday said it has priced its offering of US$400 million of 5.2% senior notes due June 21, 2027, and US$600 million of 5.4% senior notes due June 21, 2034.

The offering is scheduled to close on June 21, subject to customary closing conditions.

Net proceeds from the offering will be used to repay US$500 million of 5.9% senior notes upon maturity on Nov. 7, to pay down debt under its short-term credit facilities, to finance working capital and for general corporate purposes.

Nutrien's ( NTR ) share price rose 2.5% to US$52 in U.S. pre-market trading on Tuesday.