Valmont Industries to repay 6.625% notes due 2020 via new offerings

By Tali Rackner

Minneapolis, June 8 – Valmont Industries Inc. plans to redeem all or a portion of its outstanding 6.625% senior notes due April 20, 2020 using the net proceeds from two senior note offerings, according to a 424B2 filing with the Securities and Exchange Commission.

The company announced a new offering of 5% senior notes due 2044 and 5.25% senior notes 2054.

Omaha-based Valmont makes engineered products and services for infrastructure and mechanized irrigation equipment for agriculture.

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