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Chemours Completes $700 Million Private Offering of Notes

BY MT Newswires | CORPORATE | 05:36 PM EDT

05:36 PM EDT, 03/12/2026 (MT Newswires) -- Chemours (CC) said Thursday it has completed a private offering of $700 million of 7.875% senior unsecured notes due 2034.

The company said net proceeds from the offering were used to fund the redemption of $188 million of its senior notes due 2028.

Chemours (CC) intends to use the remaining proceeds to fund the redemption of its outstanding senior notes due 2027 at a price of around $500.3 million, according to a statement.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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