The Mosaic Company announced the commencement of cash tender offers to purchase up to $1.4 billion in aggregate principal amount of outstanding debt securities, subject to a $150 million cap on its 4.350% Senior Notes due 2029. The offers target four series of notes: 4.050% Senior Notes due 2027 ($700M outstanding), 7.30% Debentures due 2028 ($147.1M), 5.375% Senior Notes due 2028 ($400M), and 4.350% Senior Notes due 2029 ($500M). The offers expire on August 14, 2026, with settlement expected on August 18, 2026. This liability management transaction is contingent upon the completion of a new registered public offering of senior notes to fund the purchase consideration. The Mosaic Company operates in the agricultural industry as a leading producer and marketer of potash and phosphate fertilizers.
