Kirby issues $60 million series A notes under February agreement

Chicago, Oct. 21 – Kirby Corp. announced that it issued $60 million of 3.46% series A notes on Oct. 20, according to an 8-K filing with the Securities and Exchange Commission.

The $300 million notes agreement was announced in February, including a $240 million tranche of series B notes that are still scheduled to be issued on Jan. 19, 2023.

Proceeds will be used, with availability under a revolving credit facility, to repay the 3.29% senior notes due Feb. 27, 2023.

Kirby, based in Houston, operates inland tank barges and towing vessels to transport petrochemical products.

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