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Albemarle to price three-part senior notes issue
By Aleesia Forni
Virginia Beach, Nov. 17 – Albemarle Corp. intends to price senior notes in three parts, according to a 424B3 filed with the Securities and Exchange Commission.
The sale is expected to include tranches due 2019, 2024 and 2044.
BofA Merrill Lynch, J.P. Morgan Securities LLC and Wells Fargo Securities LLC are the bookrunners.
Proceeds will be used to fund the company’s acquisition of Rockwood Holdings, Inc., with any remaining proceeds being used for general corporate purposes.
The specialty chemical company is based in Baton Rouge, La.
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