Compass Minerals Stock Drops 2% After $650M Bond Offering
Wednesday, Jun 4, 2025 4:44 pm ET1min read
CMP--
Compass Minerals International, Inc. fell 1.99% in after-hours trading. The company announced the pricing of $650 million in senior notes due 2030, with the proceeds intended to repay outstanding amounts under its senior secured credit facility and redeem $350 million of its outstanding 6.750% senior notes due 2027. This financial maneuvering may have caused investor concern, leading to the stock's decline.
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