Mosaic (NYSE: MOS) completes cash tenders for four note series
Rhea-AI Filing Summary
The Mosaic Company reported final results of its cash tender offers for four series of outstanding debt securities. The offers for its 4.050% Senior Notes due 2027, 7.30% Debentures due 2028, 5.375% Senior Notes due 2028 and 4.350% Senior Notes due 2029 expired at 5:00 p.m., New York City time, on August 14, 2026. All conditions were satisfied or waived.
Mosaic accepted for purchase $395,103,000 of the 2027 Notes, $38,931,000 of the 2028 Debentures, and $275,878,000 of the 2028 Notes, each in full as tendered. For the 2029 Notes, which had a series cap of $160,000,000, Mosaic increased the accepted amount by 2% of the outstanding aggregate principal amount and will purchase $161,074,000 of 2029 Notes at a proration factor of approximately 37.78%.
Holders whose notes are accepted will also receive an Accrued Coupon Payment on the settlement date of August 18, 2026. Notes tendered but not accepted will be returned to holders. Dealer managers and a tender and information agent assisted in administering the offers.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
2027 Notes outstanding before offer: $700,000,000
2027 Notes accepted: $395,103,000
2028 Debentures accepted: $38,931,000
+5 more
8 metrics
2027 Notes outstanding before offer
$700,000,000
Aggregate principal amount of 4.050% Senior Notes due 2027 outstanding prior to tender offer
2027 Notes accepted
$395,103,000
Aggregate principal amount of 4.050% Senior Notes due 2027 accepted for purchase
2028 Debentures accepted
$38,931,000
Aggregate principal amount of 7.30% Debentures due 2028 accepted for purchase
2028 Notes accepted
$275,878,000
Aggregate principal amount of 5.375% Senior Notes due 2028 accepted for purchase
2029 Notes series cap
$160,000,000
Series cap for 4.350% Senior Notes due 2029 tender offer
2029 Notes accepted
$161,074,000
Aggregate principal amount of 4.350% Senior Notes due 2029 accepted for purchase
2029 Notes proration factor
approximately 37.78%
Proration factor applied to tenders of 4.350% Senior Notes due 2029
Tender offer expiration
August 14, 2026
Expiration Date of the cash tender offers at 5:00 p.m. New York City time
Key Terms
cash tender offers, Total Consideration, Accrued Coupon Payment, Acceptance Priority Level, +1 more
5 terms
cash tender offers financial
"final results of its previously announced cash tender offers to purchase"
A cash tender offer is when a company or investor offers to buy shares directly from shareholders for cash, usually at a price higher than the current market value. It’s a way to quickly acquire a large number of shares, often to gain control of a company or influence its decisions.
Total Consideration financial
"Acceptance Priority Level | Total Consideration (2)"
Total consideration is the full amount of value exchanged in a transaction, including all payments, assets, or benefits involved. It represents what is given up or received in a deal, much like the total price paid when buying a house, covering both the purchase price and any additional costs or benefits. For investors, understanding total consideration helps assess the true scale and value of a transaction.
Accrued Coupon Payment financial
"Holders whose Notes have been accepted for purchase will also receive an Accrued Coupon Payment"
An accrued coupon payment is the interest earned on a bond that has accumulated since the last payment date but has not yet been paid to the investor. Think of it like interest building up in a savings account that will be paid out later; it reflects the amount the investor is owed for holding the bond during that period. This figure matters because it helps accurately determine the bond’s current value and the investor’s true earnings.
Acceptance Priority Level financial
"Series Cap | | | Acceptance Priority Level | | Total Consideration"
proration factor financial
"will accept for purchase the tendered 2029 Notes at a proration factor of approximately 37.78%"
A proration factor is the percentage used to scale back how many shares or rights each investor receives when demand exceeds the available supply, such as in an oversubscribed offering or dividend distribution. It matters because it determines the actual number of shares an investor will get and the effective price or value per share they end up with — like cutting a limited number of pizza slices among more people than there are slices, so everyone gets a proportional piece.
FAQ
What did Mosaic Company (MOS) announce regarding its debt tender offers?
Mosaic announced final results of its cash tender offers for four series of outstanding notes, accepting specified principal amounts of each series and confirming that all offer conditions were satisfied or waived as of the August 14, 2026 expiration.
How many 2027 Notes did Mosaic (MOS) purchase in the tender offers?
Mosaic accepted for purchase $395,103,000 aggregate principal amount of its 4.050% Senior Notes due 2027, out of $700,000,000 aggregate principal amount outstanding prior to the tender offer, at a total consideration of $996.82 per $1,000 principal amount.
What were the results for Mosaic’s (MOS) 2028 Debentures and 2028 Notes tender offers?
Mosaic accepted $38,931,000 of its 7.30% Debentures due 2028 (out of $147,100,000 outstanding) and $275,878,000 of its 5.375% Senior Notes due 2028 (out of $400,000,000 outstanding), at total considerations of $1,037.99 and $1,017.38 per $1,000, respectively.
How did Mosaic (MOS) handle the 4.350% Senior Notes due 2029 in the tender offers?
For the 4.350% Senior Notes due 2029, Mosaic set a series cap of $160,000,000 and received tenders totaling $426,996,000. It accepted $161,074,000 at a proration factor of approximately 37.78% after exercising its right to increase the accepted amount by 2% of outstanding principal.
When did Mosaic’s (MOS) tender offers expire and when will settlement occur?
The tender offers expired at 5:00 p.m., New York City time, on August 14, 2026. Mosaic stated that the settlement date is August 18, 2026, when holders whose notes are accepted will receive payment plus an Accrued Coupon Payment.
What consideration will holders receive in Mosaic’s (MOS) tender offer settlement?
Holders whose notes are accepted will receive the applicable Total Consideration per $1,000 principal amount for each series, as listed in the results table, plus an Accrued Coupon Payment on the settlement date of August 18, 2026.
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