Mosaic expects to redeem 3.375% notes due 2021 three months early

Chicago, June 24 – The Mosaic Co. announced that it has submitted an early redemption notice for its 3.375% senior notes due Nov. 15, 2021, according to a press release.

The notes will be redeemed on Aug. 15.

“In 2019, Mosaic set a goal of decreasing total long-term debt by $1 billion, and this is the first step in reaching that milestone,” said Joc O’Rourke, president and chief executive officer of Mosaic.

Mosaic is a Plymouth, Minn.-based maker of agricultural chemicals.

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