Cabot sells $350M in 4.95% notes due 2029
Cabot Corporation (CBT) completed the issuance and sale of $350 million aggregate principal amount of 4.950% senior notes due 2029.
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Rhea-AI Filing Summary
Cabot Corporation (CBT) completed the issuance and sale of $350 million aggregate principal amount of 4.950% senior notes due 2029. These Notes were issued under an automatically effective shelf registration statement on Form S-3ASR and a Base Indenture dated June 22, 2022, as supplemented by a Second Supplemental Indenture dated August 21, 2026.
Cabot intends to use the net proceeds to redeem its $250 million aggregate principal amount of 3.40% Senior Notes due September 2026, with the remaining proceeds allocated to working capital and other general corporate purposes, which may include repayment of commercial paper and any amounts outstanding under its multicurrency revolving credit facility.
8-K Event Classification
Key Figures
Key Terms
senior notes financial
indenture financial
shelf registration statement regulatory
Second Supplemental Indenture financial
multicurrency revolving credit facility financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What debt offering did CBT complete on August 21, 2026?
How will Cabot (CBT) use the proceeds from the $350 million notes?
What is the interest rate and maturity of Cabot’s new senior notes (CBT)?
Which existing Cabot (CBT) notes are expected to be redeemed with the new issuance?
Under what registration statement were Cabot’s 2029 senior notes issued (CBT)?
AI-generated analysis. How Rhea-AI works. Not financial advice.