Minerals Technologies Inc. (NYSE: MTX) announced on October 1, 2026, the commencement of a private offering of senior notes. The company intends to issue $400 million in aggregate principal amount of notes due in 2034, subject to market and other conditions.
The offering is being made in a transaction exempt from registration under the Securities Act of 1933. The notes and guarantees will be offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S.
The company stated that it intends to use the net proceeds from the offering, combined with cash on hand, for two primary purposes. First, to redeem all outstanding 5.000% senior notes due in 2028. Second, to pay transaction fees and expenses related to the offering and a concurrent amendment and extension of its revolving credit facility.
Minerals Technologies Inc. is a global, technology-driven specialty minerals company. The company employs approximately 4,000 people across 34 countries and serves customers in consumer and industrial markets worldwide.
