Mosaic Sets Pricing for $1.4 Billion Debt Buyback

The company’s offer targets debt maturing between 2027 and 2029, including 4.050% Senior Notes and 7.30% Debentures. Acceptance of these tenders follows a strict priority schedule, with an additional $150 million cap placed specifically on the 2029 Senior Notes. Investors whose securities are accepted will receive a total consideration based on fixed spreads over current U.S. Treasury reference yields, plus accrued interest up to the expected August 18 settlement date.

Citigroup Global Markets, BMO Capital Markets, and U.S. Bancorp Investments are managing the transaction. While Mosaic has set the terms, the firm maintains the right to adjust its tender caps or terminate the offer entirely if conditions are not met. Holders seeking to participate must coordinate through their respective financial intermediaries before the established deadlines to ensure timely processing of their tender instructions.