KRO
Kronos Worldwide, Inc.4.6700
-0.2000-4.11%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
537.30MP/E (TTM)
-Basic EPS (TTM)
-0.35Dividend Yield
0.04%Recent Filings
10-Q
8-K
8-K
Quarterly dividend declared
8-K
Kronos issues €75M notes
Kronos Worldwide's subsidiary completed a €75 million private placement of 9.50% senior secured notes due 2029 on September 15, 2025, adding to its existing €351 million issuance. Net proceeds of €77.3 million ($90.4 million) repaid maturing 3.75% notes, with leftovers for general corporate needs. This refinances short-term debt at higher rates, yet extends maturities to 2029 amid restrictive covenants. Debt rolls over smoothly.
8-K
Kronos prices €75M notes
Kronos Worldwide's subsidiary, Kronos International, priced €75 million of additional 9.50% senior secured notes due 2029 at a 105% premium, yielding ~€78.8 million ($91.9 million) in proceeds. Oversubscribed, the notes match existing issuances and are guaranteed by the company and subsidiaries, secured by key assets. Closing is set for September 15, 2025. Proceeds will repay maturing 3.75% notes due that date, or related borrowings, with leftovers for general purposes. Risks could alter outcomes, per SEC filings.
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