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RNS Number : 4470Y Deutsche Bank AG London 30 July 2024
30 July 2024
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful
Kronos International, Inc.
Post-Stabilisation Notice
Pursuant to Article 6(3) of Commission Delegated Regulation (EU) 2016/1052
supplementing Article 5 of Regulation (EU) No 596/2014 of the European
Parliament and of the Council with regard to regulatory technical standards
for the conditions applicable to buy-back programmes and stabilisation,
Deutsche Bank AG, London Branch (contact: Jeremy Selway, telephone +44 (0)20
7547 5983) hereby gives notice that no stabilisation was undertaken by the
Stabilising Manager named below in relation to the offer of the following
securities.
Issuer:
Kronos International, Inc.
Guarantor (if any): The Notes will
be fully and unconditionally guaranteed, jointly and severally, on a senior
secured basis by Kronos Worldwide, Inc. and each of its direct and indirect
domestic, wholly owned subsidiaries (other than the Issuer), subject to
certain exceptions.
Aggregate nominal amount: 75,000,000
Description: EUR
75,000,000 Senior Secured Fixed Rate Notes
9.500% due 2029 (Temporary RegS ISIN: XS2868946406; RegS ISIN: XS2763521643;
144A ISIN: XS2763520595)
Issue/Reoffer Price: 107.500% plus accrued
interest, if any, from February 12, 2024
Spread over benchmark: +518 basis points
Stabilising Manager(s): Deutsche Bank AG, London
Branch
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or
dispose of any securities of the Issuer in any jurisdiction.
This announcement is not an offer of securities for sale into the United
States. The securities referred to above have not been, and will not be,
registered under the United States Securities Act of 1933 and may not be
offered or sold in the United States absent registration or an exemption from
registration. There has not been and will not be a public offer of the
securities in the United States.
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