Tronox Announces Proposed Offering of Senior Secured Notes

Core Viewpoint - Tronox Holdings plc intends to offer senior secured notes due 2030 to qualified institutional buyers and certain offshore investors, with proceeds aimed at repaying existing borrowings and covering offering expenses [1][2]. Group 1: Company Overview - Tronox Holdings plc is a leading producer of high-quality titanium products, including titanium dioxide pigment and specialty-grade titanium dioxide products, with operations spanning six continents and approximately 6,500 employees [4]. Group 2: Financial Strategy - The net proceeds from the notes offering will be used primarily to repay existing borrowings under revolving credit facilities, with any excess allocated for general corporate purposes [1]. - The offering is subject to market conditions and customary closing conditions [1]. Group 3: Regulatory Information - The notes and related guarantees will not be registered under the Securities Act, and their sale in the U.S. will be limited to exemptions from registration requirements [2]. - This announcement does not constitute an offer to sell or a solicitation to buy any securities [3].