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Mosaic Completes $400 Million Senior Notes Offering

12.11.23

Simpson Thacher recently represented The Mosaic Company in connection with its registered public offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2028.

Mosaic intends to use the proceeds from the offering to repay outstanding commercial paper drawn and to replenish available cash utilized in connection with the recent repayment of its 4.250% Senior Notes due 2023 at maturity.

Mosaic is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. 

The Simpson Thacher team included Joe Kaufman, Matt Petrone, Sam Zhu and Jessica Ryan (Capital Markets); Andrew Purcell, Jasmine Hay and Shareef Salfity (Tax); Corina Holland (Intellectual Property); and Toby Chun and Noreen Lavan (Environmental). Albert Murzakhanov provided valuable assistance.