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Stock impact report

The Chemours Company Announces Completion of U.S. Dollar-denominated Term Loan Repricing

Chemours Company (The) (CC) 
Last chemours company (the) earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Business Wire
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (Chemours) (NYSE: CC) today announced the successful repricing of its Tranche B-3 U.S. Dollar-denominated Term Loan under its senior secured term loan facility due in August 2028.The repricing reduces the applicable margin in respect of the Company’s $1,070,000,000 senior secured U.S. dollar-denominated term loan facility, the “Term Loan B-3 US$ Facility,” from, at the election of the Company, adjusted Term SOFR + 3.50% to adjusted Term SOFR + 3.00%, or adjusted base rate plus 2.50% to adjusted base rate plus 2.00%. There are no changes to the maturity of the Term Loan B-3 US$ Facility following this repricing, and all other terms are substantially unchanged.About The Chemours CompanyThe 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, gen Show less Read more
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