PQ Group Holdings Inc. Announces Offering of Senior Unsecured Notes
PQ Group Holdings, Inc (PQG)
Last pq group holdings, inc earnings: 2/20 06:15 am
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US:NYSE Investor Relations:
investor.pqcorp.com
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Source: Business Wire
MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE:PQG) today announced that its indirect, wholly owned subsidiary, PQ Corporation (the “Issuer”), intends to offer $300 million in aggregate principal amount of Senior Unsecured Notes due 2025 (the “Notes”). The net proceeds from the offering, together with cash on hand, will be used to redeem the Issuer’s existing 8.5% Senior Notes due 2022 and the Issuer’s existing Floating Rate Senior Unsecured Notes due 2022. The consummation of the offering is subject to market and other conditions. Certain statements in this press release are forward-looking statements. Such statements involve a number of risks, uncertainties and other factors, including the ability to consummate the offering on the terms described or at all and potential changes in market conditions, which could cause actual results to differ materially. This press release does not
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