The Chemours Company Announces Private Offering of $600,000,000 of Senior Notes Due 2033
13 Novembro 2024 - 11:00AM
Business Wire
The Chemours Company (Chemours) (NYSE: CC) today announced that
it intends to offer $600,000,000 aggregate principal amount of new
senior notes due 2033 (the “Notes”), subject to market and other
conditions. The Notes will be senior unsecured obligations of
Chemours and will be guaranteed by certain of its subsidiaries.
Chemours intends to use the net proceeds from the offering to
redeem all of its outstanding euro-denominated 4.000% senior notes
due 2026 and the remainder of the net proceeds for general
corporate purposes.
The Notes and related guarantees are being offered only to
persons reasonably believed to be qualified institutional buyers in
reliance on Rule 144A under the Securities Act of 1933, as amended
(the “Securities Act”), or outside the United States to non-U.S.
persons in compliance with Regulation S under the Securities Act.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the Notes and related guarantees.
Any offers of the Notes and related guarantees are being made only
by means of a private offering memorandum.
The Notes and related guarantees have not been registered under
the Securities Act, or the securities laws of any other
jurisdiction, and may not be offered or sold in the United States
without registration or an applicable exemption from registration
requirements.
About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing
industrial and specialty chemicals products for markets, including
coatings, plastics, refrigeration and air conditioning,
transportation, semiconductor and advanced electronics, general
industrial, and oil and gas. Through our three businesses – Thermal
& Specialized Solutions, Titanium Technologies, and Advanced
Performance Materials – we deliver application expertise and
chemistry-based innovations that solve customers’ biggest
challenges. Our flagship products are sold under prominent brands
such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and
Krytox™. Headquartered in Wilmington, Delaware and listed on the
NYSE under the symbol CC, Chemours has approximately 6,100
employees and 28 manufacturing sites and serves approximately 2,700
customers in approximately 110 countries.
For more information, we invite you to visit chemours.com or
follow us on X (formerly Twitter) @Chemours or LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements, within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, which involve
risks and uncertainties. Forward-looking statements provide current
expectations of future events based on certain assumptions and
include any statement that does not directly relate to a historical
or current fact. The words “believe,” “expect,” “will,”
“anticipate,” “plan,” “estimate,” “target,” “project” and similar
expressions, among others, generally identify “forward-looking
statements,” which speak only as of the date such statements were
made. These forward-looking statements address, among other things,
the offering of Notes and Chemours’ intended use of the net
proceeds therefrom, which are subject to substantial risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. These risks and
uncertainties include, but are not limited to, the ability of
Chemours to complete the offering on favorable terms, if at all,
and general market conditions which might affect the offering.
Forward-looking statements are based on certain assumptions and
expectations of future events that may not be accurate or realized.
Forward-looking statements also involve risks and uncertainties,
many of which are beyond Chemours’ control. Additionally, there may
be other risks and uncertainties that Chemours is unable to
identify at this time or that Chemours does not currently expect to
have a material impact on its business. Factors that could cause or
contribute to these differences include whether the offering of
Notes is completed and other risks, uncertainties and other factors
discussed in Chemours’ filings with the U.S. Securities and
Exchange Commission, including in Chemours’ Quarterly Report on
Form 10-Q for the quarter ended September 30, 2024, and in
Chemours’ Annual Report on Form 10-K for the year ended December
31, 2023. Chemours assumes no obligation to revise or update any
forward-looking statement for any reason, except as required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112197049/en/
INVESTORS Brandon Ontjes Vice President, Investor
Relations +1.302.773.3300 investor@chemours.com
Kurt Bonner Manager, Investor Relations +1.302.773.0026
investor@chemours.com
NEWS MEDIA Cassie Olszewski Media Relations &
Reputation Leader +1.302.219.7140 media@chemours.com
Chemours (NYSE:CC)
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