Valvoline prices $600 million senior notes offering at 6.125%

·15 Aug
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Valvoline Inc. has priced an offering of $600 million in senior notes due 2034 with a 6.125% interest rate, an increase of $100 million from the initial announcement. The company plans to use the net proceeds to repay existing senior secured term loans and for general corporate purposes. This offering is expected to close on August 24, 2026, and Valvoline also intends to amend its revolving credit facility.

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Investing.com

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