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Tronox to redeem outstanding 6½% senior notes due 2026
By Taylor Fox
New York, March 1 – Tronox Holdings plc and Tronox Inc. plan to redeem their outstanding 6½% senior notes due 2026, according to a news release.
Tronox plans to use the proceeds from an offering of $625 million of senior notes due 2029, along with cash on hand, to finance the redemption.
Tronox is a Stamford, Conn.-based producer of titanium dioxide and inorganic chemicals.
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