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News 2026-10-13 21:00 UTC

Minerals Technologies closes $400 million senior notes offering

Minerals Technologies completed an offering of $400 million 7.500% Senior Notes due 2032 on Oct. 13, 2026. Net proceeds, with cash on hand, earmarked to redeem all outstanding 5.000% senior notes due 2028. Interest set at 7.500% per year, paid semi-annually starting Jan. 15, 2027. Company also entered a credit agreemen