The Mosaic Company announced the pricing for its previously disclosed cash tender offers to purchase certain outstanding debt securities. The company is offering to purchase up to an aggregate of $1.4 billion of four series of its senior notes and debentures, as part of its balance sheet management.
Key Details
- Offer Size: The cash tender offers are for an aggregate purchase price of up to $1.4 billion, excluding accrued interest.
- Targeted Securities: The offers target four series of debt: 4.050% Senior Notes due 2027, 7.30% Debentures due 2028, 5.375% Senior Notes due 2028, and 4.350% Senior Notes due 2029. The 2029 notes have a specific purchase cap of $150 million.
- Timeline & Settlement: The pricing was determined on August 14, 2026, which also served as the expiration date for the offers. The settlement date for the purchased notes is expected to be August 18, 2026.