The Chemours Company Announces Completion of Private Offering of $700,000,000 Aggregate Principal Amount of 7.875% Senior Unsecured Notes Due 2034

Rhea-AI Summary

The Chemours Company (NYSE: CC) completed a private offering of $700,000,000 aggregate principal amount of 7.875% senior unsecured notes due 2034 on March 12, 2026.

Chemours used net proceeds plus cash on hand to redeem $188,000,000 of 5.750% notes due 2028 and expects to use remaining proceeds to redeem outstanding 5.375% notes due 2027 for an aggregate redemption price of approximately $500,300,000 (assuming a 3.56% treasury rate), plus accrued interest.

Positive

• Raised $700M of long‑dated financing
• Notes extend debt maturity to 2034
• Redeemed $188M of higher‑coupon 2028 notes

Negative

• New coupon at 7.875% increases interest cost versus replaced debt
• Remaining redemption relies on expected net proceeds and cash

News Market Reaction – CC

-0.73%

-0.73% Session close to close

In the Mar 13 session, CC declined 0.73%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details completion of a $700,000,000 7.875% senior unsecured notes offering due 20...

Analysis

This announcement details completion of a $700,000,000 7.875% senior unsecured notes offering due 2034, largely to redeem 5.375% 2027 and 5.750% 2028 notes. It continues Chemours’ recent series of private offerings used to extend debt maturities and refinance existing obligations. Investors may watch how these changes affect interest expense, future cash flows, and leverage metrics alongside upcoming operational updates and any further capital-structure moves.

Key Figures

New notes offering: $700,000,000 Coupon rate: 7.875% Redeemed 2028 notes: $188,000,000 +3 more

6 metrics

New notes offering $700,000,000 Aggregate principal amount of 7.875% senior unsecured notes due 2034

Coupon rate 7.875% Interest rate on new senior unsecured notes due 2034

Redeemed 2028 notes $188,000,000 Aggregate principal of 5.750% senior notes due 2028 redeemed

2028 redemption price $189,800,000 Aggregate redemption price for 5.750% senior notes due 2028

Planned 2027 redemption $500,300,000 Expected aggregate redemption price for 5.375% notes due 2027

Assumed treasury rate 3.56% Assumed treasury rate used for 2027 notes redemption calculation

Previous Private placement,offering Reports

5 past events · Latest: Feb 26 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 26	Notes pricing upsized	Positive	+5.3%	Upsizing and pricing of $700M 7.875% 2034 senior notes.
Feb 26	Notes offering launch	Neutral	-3.9%	Announcement of proposed $600M senior notes due 2034.
Nov 27	2033 notes completed	Neutral	-0.4%	Completion of $600M 8.000% 2033 senior notes for euro note redemption.
Nov 13	2033 notes priced	Neutral	+0.8%	Pricing of $600M 8.000% senior notes due 2033.
Nov 13	2033 notes proposed	Neutral	-0.7%	Announcement of planned $600M senior notes due 2033.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Private offerings/redemptions have produced mixed reactions: some positive pricing completions, but several small negative responses around similar debt transactions.

Recent Company History

Over the last few quarters, Chemours has repeatedly tapped private debt markets, issuing senior unsecured notes in 2023 and 2024 and now extending maturities into 2033 and 2034. Recent offerings funded redemptions of euro-denominated 4.000% notes due 2026 and U.S. 5.375% notes due 2027 plus 5.750% notes due 2028. Market reactions to these financing moves have been modest and mixed, with both up and down sessions, suggesting investors view them mainly as balance sheet maintenance rather than transformational events.

Key Terms

senior unsecured notes, Rule 144A, Regulation S, qualified institutional buyers, +2 more

6 terms

senior unsecured notes financial

"completed its previously announced private offering of $700,000,000 in aggregate principal amount of 7.875% senior unsecured notes due 2034"

Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.

Rule 144A regulatory

"offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act"

Rule 144A is a regulation that makes it easier for companies to sell private bonds to large investors without going through all the usual rules that apply to public sales. It matters because it helps companies raise money more quickly and privately, often attracting big investors looking for special deals.

Regulation S regulatory

"and to non-U.S. persons in accordance with Regulation S under the Securities Act"

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

qualified institutional buyers financial

"offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A"

Qualified institutional buyers are large organizations, like big investment firms or banks, that are allowed to buy certain types of investment opportunities not available to everyday investors. Their size and experience matter because it ensures they understand and can handle complex financial deals, making markets more efficient and secure.

treasury rate financial

"for an aggregate redemption price of approximately $500,300,000 in (assuming a treasury rate of 3.56%)"

The treasury rate is the interest yield governments pay when they borrow by issuing debt securities; it represents the baseline cost of money set by a sovereign issuer. Investors use it as a benchmark because it helps value other investments, sets borrowing costs across the economy, and signals confidence in public finances—think of it as the financial equivalent of a ruler or reference price that many other rates and valuations are measured against.

indenture financial

"do not constitute a notice of redemption under the indenture governing the existing 2027 or 2028 notes"

An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WILMINGTON, Del., March 12, 2026 /PRNewswire/ -- The Chemours Company (Chemours) (NYSE: CC) today announced it completed its previously announced private offering of $700,000,000 in aggregate principal amount of 7.875% senior unsecured notes due 2034 (the "Notes") that was exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes are Chemours' senior unsecured obligations and are guaranteed by one of its subsidiaries.

Chemours used the net proceeds from the offering, together with cash on hand, to fund the redemption of $188,000,000 aggregate principal amount of its 5.750% senior notes due 2028 for an aggregate redemption price of approximately $189,800,000, plus accrued and unpaid interest thereon. The remaining net proceeds from the offering are expected to be used to fund the redemption of the outstanding 5.375% senior notes due 2027 for an aggregate redemption price of approximately $500,300,000 in (assuming a treasury rate of 3.56%), plus accrued and unpaid interest to, but excluding, the date of redemption.

The Notes and the related guarantee have not been, and will not be, registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws. The Notes were offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons in accordance with Regulation S under the Securities Act.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This press release is not an offer to purchase or the solicitation of an offer to sell any of the existing 2027 or 2028 notes. The statements in this press release with respect to the redemption of the existing 2027 or 2028 notes do not constitute a notice of redemption under the indenture governing the existing 2027 or 2028 notes, as applicable. Any such notice has or will be sent to holders of existing 2027 and 2028 notes only in accordance with the provisions of each such indenture, as applicable.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers' biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements address, among other things, Chemours' intended use of the net proceeds therefrom, including the expectation to redeem all of the outstanding existing 2027 notes. Forward-looking statements are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond Chemours' control. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the redemption of the existing 2027 notes and other risks, uncertainties and other factors discussed in Chemours' filings with the U.S. Securities and Exchange Commission, including in Chemours' Annual Report on Form 10-K for the year ended December 31, 2025. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3309
investor@chemours.com

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com

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SOURCE The Chemours Company

FAQ

What did Chemours (CC) announce about the $700 million notes on March 12, 2026?

Chemours completed a private offering of $700,000,000 7.875% senior unsecured notes due 2034. According to the company, proceeds plus cash funded redemption of certain 2028 notes and are expected to redeem outstanding 2027 notes.

How will the CC 7.875% notes due 2034 affect Chemours' debt maturities?

The offering adds long‑dated financing maturing in 2034, extending weighted debt maturity. According to the company, this funds redemptions of 2027 and 2028 notes, shifting near‑term maturities further into the next decade.

Which existing Chemours notes were redeemed using proceeds from the CC offering?

Chemours used proceeds and cash to redeem $188,000,000 of 5.750% notes due 2028 and expects to redeem outstanding 5.375% notes due 2027. According to the company, redemption prices include accrued interest.

What is the interest rate and due date for the new Chemours (CC) notes issued in 2026?

The new notes carry a fixed coupon of 7.875% and mature in 2034. According to the company, they are senior unsecured obligations and are guaranteed by a subsidiary.

Who was eligible to buy the Chemours 7.875% notes issued March 12, 2026?

The notes were sold in a private placement to qualified institutional buyers under Rule 144A and to non‑U.S. persons under Regulation S. According to the company, the notes were not registered under the Securities Act.