Business
Albemarle Corporation Announces Cash Tender Offers for Debt Securities and Redemption of 4.650% Senior Notes due 2027
Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the commencement of cash tender offers for certain series of its debt securities and the full redemption of its 4.650% Senior Notes due 2027.
About this update from Albemarle Corporation
[{"type":"text","content":"CHARLOTTE, N.C., March 2, 2026 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced the commencement of cash tender offers for certain series of its debt securities and the full redemption of its 4.650% Senior Notes due 2027.","length":334,"tagName":"p"},{"type":"image","alt":"Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)","displaySize":"","headline":null,"caption":"Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":60,"url":"https://media.zenfs.com/en/prnewswire.com/cf1aba0a5c048b4ea16ac10a26f649f5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HFh5z1iKVeFjJuhgZK5oLw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/cf1aba0a5c048b4ea16ac10a26f649f5","width":400,"height":60}},"href":"https://mma.prnewswire.com/media/75024/ALBEMARLE_CORPORATION_LOGO_updated.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Cash Tender Offers","length":18,"tagName":"p"},{"type":"text","content":"The Company has commenced cash tender offers (collectively, the "Offers") for the maximum principal amount of validly tendered (and not validly withdrawn) (i) 5.650% Senior Notes due 2052 (the "2052 Notes"), (ii) 5.450% Senior Notes due 2044 (the "2044 Notes"), (iii) 3.450% Senior Notes due 2029 (the "2029 Notes"), and (iv) 5.050% Senior Notes due 2032 (the "2032 Notes" and, together with the 2052 Notes, 2044 Notes and 2029 Notes, the "Notes") set forth below, such that the aggregate purchase price, not including accrued and unpaid interest, payable in respect of such Notes will not exceed $500 million.","length":670,"tagName":"p"},{"type":"text","content":"The Offers are being made pursuant to an Offer to Purchase, dated March 2, 2026 (the "Offer to Purchase"), which sets forth a description of the terms of the Offers.","length":175,"tagName":"p"},{"type":"text","content":"A summary of the Offers to purchase the Notes is outlined below:","length":64,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTO...