Tronox to call $900 million of 6 3/8% notes due 2020 via new issue

By Susanna Moon

Chicago, Sept. 12 – Tronox Ltd. plans to redeem the $900 million principal amount of 6 3/8% senior notes due 2020 issued by Tronox Finance LLC using proceeds of a new issue.

Tronox plans to price senior notes due 2025 in an offering under Rule 144A and Regulation S, according to a company announcement.

The company said it also will use borrowings under its proposed new credit facilities to fund the redemption.

Tronox is a Stamford, Conn.-based mining and inorganic chemical company.

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