Nufarm Australia to offer US$300M of notes in US for refinance

Nufarm Australia plans to raise US$300 million by selling senior unsecured notes to US institutions, using the funds to reduce indebtedness under an Australian revolving bank facility.

If the offer is successful, Nufarm would reduce the A$625 million facility by US$250 million, it said in a statement.

The agricultural chemicals manufacturer said it has been assigned a 'Ba2' credit rating with a stable outlook by Moody's Investors Service.

Nufarm, the parent of Nufarm Australia, is to release its results for the year ended Aug. 1 today.

Its shares last traded at A$5.85 on the ASX and have gained 41 percent this year.

BusinessDesk.co.nz

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Meridian Energy monthly operating report for June 2025
July 16th Morning Report
AIA - June 2025 Monthly traffic update
CHI - Q2 2025 Operational Update
July 15th Morning Report
BPG - Blackpearl Acquires US AI Platform to Accelerate Growth
TGG - Response to media speculation
ARB - Annual Meeting Date and Director Nominations
CNU - Q4 FY25 Connections Update
MOVE FY25 Results and Investor Briefing 29 August 2025