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Nutrien Down 1% in U.S. Pre-market After Pricing Offering of US$1.0 Billion in Senior Notes
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Nutrien Down 1% in U.S. Pre-market After Pricing Offering of US$1.0 Billion in Senior Notes
Mar 12, 2025 3:27 AM

06:07 AM EDT, 03/12/2025 (MT Newswires) -- Nutrien ( NTR ) was at last look down 1% in U.S. pre-market trading Wednesday after it priced US$400 million aggregate principal amount of 4.5% senior notes due March 12, 2027 and US$600 million aggregate principal amount of 5.25% senior notes due March 12, 2032.

The offering is expected to close on or about March 13, 2025, subject to customary closing conditions.

Nutrien ( NTR ) said it will use the proceeds from this offering to repay its US$500 million of 3.000% senior notes upon their maturity on April 1 and its US$500 million aggregate principal amount of 5.950% senior notes upon their maturity on November 7, pending which such proceeds may be used to reduce outstanding indebtedness under its short-term credit facilities, to finance working capital and for general corporate purposes.

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