Nutrien Prices $1 Billion Senior Notes Offering

Nutrien (TSE:NTR) has released an update.

Nutrien Ltd. has announced the pricing of $1 billion in senior notes, divided between $400 million due in 2027 and $600 million due in 2034, with the proceeds aimed at repaying existing debt and supporting general corporate activities. The notes, part of a larger prospectus filed in the US and Canada, are set to rank equally with the company’s current senior unsecured debt. This financial maneuver is coordinated by major financial institutions as joint book-running managers and excludes offerings in Canada.

For further insights into TSE:NTR stock, check out TipRanks’ Stock Analysis page.