Platform Specialty Products Corp. Announces Closing of Senior Notes Offering


WEST PALM BEACH, Fla., Nov. 27, 2017 (GLOBE NEWSWIRE) -- Platform Specialty Products Corporation (NYSE:PAH) announced today that it has closed its previously-announced offering of $550 million aggregate principal amount of senior notes due 2025. The Notes bear interest at a rate of 5.875% per annum, to be paid semi-annually in arrears, and will mature on December 1, 2025. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by certain of Platform’s existing domestic subsidiaries. Upon satisfaction of certain conditions, all of the then direct and indirect domestic subsidiaries constituting Platform’s Agricultural Solutions business may be released from their guarantees of the Notes.

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