Actionable news
All posts from Actionable news
Actionable news in CF: CF INDUSTRIES HOLDING Inc,

Entry into a Material Definitive

On September24, 2015, CF Industries,Inc. (CF Industries), a wholly-owned subsidiary of CF Industries Holdings,Inc. (the Company), entered into a Note Purchase Agreement (the Note Purchase Agreement) with the various purchasers named therein (the Purchasers) and issued and sold to the Purchasers $1,000,000,000 aggregate principal amount of guaranteed senior notes under the Note Purchase Agreement consisting of (i)$250,000,000 aggregate principal amount designated as 4.49% Guaranteed Senior Notes, SeriesA, due October15, 2022 (the SeriesA Notes), (ii)$500,000,000 aggregate principal amount designated as 4.93% Guaranteed Senior Notes, SeriesB, due October15, 2025 (the SeriesB Notes) and (iii)$250,000,000 aggregate principal amount designated as 5.03% Guaranteed Senior Notes, Ser iesC, due October15, 2027 (the SeriesC Notes and, together with the SeriesA Notes and the SeriesB Notes, the Notes).

CF Industries intends to use the net proceeds from the offering of the Notes to fund its capital expenditure programs and for other general corporate purposes, including working capital.

CF Industries may prepay at any time all, or from time to time any part of, any series of the Notes, in an amount not less than 5% of the aggregate principal amount of such series of the Notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid plus a make-whole amount determined as specified in the Note Purchase Agreement. In the event of a Change in Control (as defined in the Note Purchase Agreement), each holder of the Notes may require CF Industries to prepay the entire unpaid principal amount of the Notes held by such holder at a price equal to 100% of the principal amount of such Notes together with accrued and unpaid interest thereon, but without any make-whole amount or other premium.

All obligations under the Note Purchase Agreement...