LSB Industries, Inc. Announces Pricing of Its $400 Million Private Offering of Senior Notes
The Notes will bear an annual rate of interest of 9.625% and will mature
on
LSB intends to use the net proceeds from this offering to repurchase
and/or redeem any and all of its outstanding
This press release is neither an offer to sell nor a solicitation of an
offer to buy the Notes or any other securities and shall not constitute
an offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful. The Notes and the guarantees thereof
have not been registered under the Securities Act of 1933, as amended
(the “Securities Act”), or any state securities laws and may not be
offered or sold in
Forward-Looking Statements
Certain matters contained in this press release include “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical fact, included in
this press release, including regarding the offering of the Notes and
the expected use of proceeds from such offering, may constitute
forward-looking statements. Forward-looking statements include
statements about LSB’s expectations, beliefs, plans, objectives,
intentions, assumptions and other statements that are not historical
facts. Although we believe that the expectations reflected in these
forward-looking statements are reasonable, we cannot assure you that
these expectations will prove to be correct. These forward-looking
statements are subject to certain known and unknown risks and
uncertainties, as well as assumptions that could cause actual results to
differ materially from those reflected in these forward-looking
statements. Factors that might cause actual results to differ include,
but are not limited to, (i) LSB’s business plans may change as
circumstances warrant and the offering of the Notes may not ultimately
be completed because of general market conditions or other factors or
(ii) any of the risk factors discussed from time to time in each of our
documents and reports filed with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20180420005246/en/
Source:
Company:
LSB Industries, Inc.
Mark T. Behrman, 405-235-4546
Chief
Financial Officer
or
Investor Relations:
The Equity Group
Inc.
Fred Buonocore, CFA, 212-836-9607
Kevin Towle,
212-836-9620