Brief: Newmarket Corp says issued $250 mln in senior unsecured notes with Prudential Capital Group

NewMarket

04/01/2017 22:01

Jan 4 (Reuters) - Newmarket Corp  NEU.N  
    * Newmarket Corporation issues $250 million senior unsecured 
notes 
    * Newmarket Corp - issued $250 million in senior unsecured 
notes with Prudential Capital Group 
    * Newmarket Corp - notes bear interest at rate of 3.78 pct 
per year and mature in January 2029 
    * Newmarket Corp says interest on notes is payable 
semiannually and principal payments of $50 million are payable 
annually commencing in January 2025 
    * Newmarket Corp - proceeds will be used by company and its 
subsidiaries to finance working capital needs among others 
 
Source text for Eikon:  ID:nBw6KxlXwa  
Further company coverage:  NEU.N  
 
 ((Bangalore.newsroom@thomsonreuters.com;))