Olin Announces Pricing of Private Offering of Senior Notes

Core Viewpoint - Olin Corporation is conducting a private offering of $600 million in senior notes to refinance existing debt and improve its financial position [1][2]. Group 1: Offering Details - The offering consists of$600 million aggregate principal amount of 6.625% senior notes due in 2033, priced at 100% of the principal amount [1]. - The closing of the offering is expected on March 14, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to redeem $500 million of 5.125% senior notes due 2027, refinance the existing revolving credit facility, and repay borrowings under the 9.500% senior notes due 2025 [2]. - Additional uses include refinancing an existing term loan facility and covering related fees and expenses [2]. Group 3: Company Overview - Olin Corporation is a leading global manufacturer and distributor of chemical products, including chlorine, caustic soda, and various other chemicals, as well as a major U.S. manufacturer of ammunition [6].