NYSE:CCChemicals
Chemours (CC) Valuation Check As Upsized 2034 Bond Offering Addresses Near Term Debt Refinancing
Chemours (CC) has just priced a larger than initially planned private offering of US$700 million in new 7.875% senior notes due 2034. This refinancing move directly targets its nearer term bond maturities.
See our latest analysis for Chemours.
At a share price of US$16.41, Chemours has recently seen a 10.0% 7 day share price decline and an 8.5% 30 day share price decline, although its 90 day share price return of 29.2% and 1 year total shareholder return of 19.3% suggest improving sentiment...