The Mosaic Company announced the closing of its sale of $2.0 billion in aggregate principal amount of senior notes, issued in three tranches. The company expects to receive net proceeds of approximately $1,983.3 million from the offering.
Key Details
- Offering Breakdown: The offering consists of $1.0 billion of 5.350% senior notes due 2031, $500 million of 5.650% senior notes due 2034, and $500 million of 5.900% senior notes due 2036.
- Use of Proceeds: Funds will be used primarily to finance previously announced tender offers to purchase up to $1.4 billion of existing notes due between 2027 and 2029, with remaining proceeds intended for general corporate purposes.
- Closing Date: The sale of the senior notes closed on August 17, 2026.