Albemarle to price three-part senior notes issue

By Aleesia Forni

Virginia Beach, Nov. 17 – Albemarle Corp. intends to price senior notes in three parts, according to a 424B3 filed with the Securities and Exchange Commission.

The sale is expected to include tranches due 2019, 2024 and 2044.

BofA Merrill Lynch, J.P. Morgan Securities LLC and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used to fund the company’s acquisition of Rockwood Holdings, Inc., with any remaining proceeds being used for general corporate purposes.

The specialty chemical company is based in Baton Rouge, La.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.