Core Viewpoint - Kronos Worldwide, Inc. announced the sale of €75 million in additional 9.50% Senior Secured Notes due 2029 through an institutional private placement, which will be issued as additional notes to existing notes previously issued [1][3] Group 1: Notes Issuance - The additional notes will have the same terms as the existing notes, except for the issuance date and price [1] - The notes were oversubscribed and priced at a premium of 105%, with expected proceeds of approximately €78.8 million (around $91.9 million) before fees and expenses [3] - The closing of this offering is anticipated to occur on or about September 15, 2025, subject to customary closing conditions [3] Group 2: Use of Proceeds - The company intends to use the proceeds to pay amounts due under its 3.75% Senior Secured Notes maturing on September 15, 2025, or to repay any amounts drawn under its global revolving credit facility with Wells Fargo [3] - Any remaining net proceeds will be allocated for general corporate purposes [3] Group 3: Company Overview - Kronos Worldwide, Inc. is a leading global producer and marketer of titanium dioxide pigments, serving approximately 3,000 customers in 100 countries, primarily in Europe, North America, and the Asia Pacific region [6] - The company has developed considerable expertise in the manufacture, sale, shipment, and service of its products in both domestic and international markets [6]

Core Viewpoint - Kronos Worldwide, Inc. is raising €75 million through a private offering of additional 9.50% Senior Secured Notes due 2029, which will be issued by its subsidiary, Kronos International, Inc. [1] Group 1: Offering Details - The new Notes will be offered as additional notes to the existing €351,174,000 aggregate principal amount of 9.50% Senior Secured Notes due 2029 issued earlier in 2024 [1] - The Notes will have the same terms as the Existing Notes, except for the issuance date and issue price, and will initially trade under different ISIN and Common Code numbers [1] - The offering is subject to market conditions and the proceeds will be used to pay off existing 3.75% Senior Secured Notes due September 15, 2025, or to repay amounts drawn from a revolving credit facility [3] Group 2: Guarantees and Security - The Notes will be fully guaranteed on a senior basis by the Company and its domestic, wholly-owned subsidiaries, secured by first-priority security interests in certain assets [2] Group 3: Company Overview - Kronos Worldwide, Inc. is a leading global producer of titanium dioxide pigments, serving approximately 3,000 customers in 100 countries, with a significant presence in Europe, North America, and the Asia Pacific region [6]