This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

FMC Corporation Completes $400 Million Debt Offering

PHILADELPHIA, Nov. 15, 2013 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today announced that it has completed the sale of $400 million aggregate principal amount of its 4.100% Senior Notes due February 1, 2024, in an underwritten registered public offering. The Notes were sold pursuant to an effective shelf registration statement that FMC filed with the Securities and Exchange Commission on November 2, 2012, and a prospectus supplement filed on November 13, 2013. FMC intends to use the net proceeds from this offering to repay its commercial paper notes and for other general corporate purposes.

(Logo: http://photos.prnewswire.com/prnh/20111101/NE97440LOGO )

"We are pleased that investors recognize our strong financial position, future cash generation ability and our financial discipline around cash deployment, which was reflected in the very attractive pricing," said Pierre Brondeau, FMC president, CEO and chairman.

The joint book-running managers for the offering are BofA Merrill Lynch, Citigroup and HSBC. Copies of the prospectus supplement and the accompanying prospectus for this offering can be obtained by contacting: Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at 1-800-831-9146, HSBC Securities ( USA) Inc., 452 Fifth Avenue, New York, New York 10018, Attention: Transaction Management Group, or by telephone at 1-866-811-8049 or Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, NY 10038, Attention: Prospectus Department, or by telephone at 1-800-294-1322. Electronic copies of the prospectus supplement and accompanying prospectus are also available on the SEC's web site at www.sec.gov.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the senior notes, nor shall there be any sale of the senior notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs