04:30 PM EST, 02/28/2025 (MT Newswires) -- Olin (OLN) said Friday it priced a private offering of $600 million aggregate principal amount of 6.625% senior notes due 2033.

The offering is expected to close on March 14, pending customary closing conditions.

The company said it intends to use the proceeds, along with borrowings from new credit facilities, to redeem all $500 million of 5.125% senior notes due 2027, refinance its revolving credit facility, repay borrowings, including those for redeeming 9.500% senior notes due 2025, refinance its term loan facility, and cover related expenses.