Reported Earlier, Nutrien Sets Pricing For $1B Dual-Tranche Senior Notes Offering, Aims For Debt Refinancing

Nutrien Ltd. (NYSE:NTR) today announced the pricing of US$400 million aggregate principal amount of 5.200 percent senior notes due June 21, 2027 and US$600 million aggregate principal amount of 5.400 percent senior notes due June 21, 2034 (together, the "senior notes").  The offering is expected to close on or about June 21, 2024, subject to customary closing conditions. 

Nutrien intends to use the net proceeds from this offering to repay its US$500 million aggregate principal amount of 5.900% senior notes upon their maturity on November 7, 2024, to reduce outstanding indebtedness under its short-term credit facilities, to finance working capital and for general corporate purposes