A global agricultural sciences company that develops and sells insecticides, herbicides, fungicides, and plant health products to farmers through distributors and retailers. Its roots trace to 1883, when inventor John Bean, whose almond orchard was being ruined by scale insects, built a high-pressure spray pump in Los Gatos, California — the start of the Bean Spray Pump Company. That firm's initials later gave the company its name, as FMC once stood for Food Machinery Corporation.
FMC agrees to sell 30.3M shares at $13.30 each to Tessenderlo Group for $403M
FMC Corporation entered a Stock Purchase Agreement with Tessenderlo Group NV to sell 30,319,166 shares of common stock at $13.30 per share, totaling $403,244,907.80.
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Upon closing, Tessenderlo Group is expected to own approximately 20.0% of FMC's outstanding common stock.
The closing is subject to customary conditions, including regulatory approvals.
FMC will grant Tessenderlo board representation and observer rights if it holds at least 10% of outstanding shares, and a 36-month lock-up period applies.
FMC intends to use the proceeds to pay down debt, reaching its approximately $1 billion debt paydown target, and concludes its strategic options review.
1.01 Entry into a Material Definitive Agreement · 3.02 Unregistered Sales of Equity Securities · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
FMC Corporation enters Amendment No. 7 to its credit agreement, releasing certain collateral.
On June 16, 2026, FMC Corporation and certain subsidiaries entered into Amendment No. 7 to the Fifth Amended and Restated Credit Agreement dated June 17, 2022.
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The amendment modifies the limitation on liens in the credit agreement and releases security interests on certain collateral previously granted to secure obligations.
The credit agreement involves Citibank, N.A. as administrative agent and various lenders and issuing banks.
The amendment is filed as Exhibit 10.1 to the Form 8-K; omitted schedules are available upon request to the SEC.
Some lenders and affiliates have existing relationships with FMC for financial services, including cash management and investment banking.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
FMC completes $1.2B offering of 8.000% Senior Secured Notes due 2031
The notes were issued at 100% of principal, with estimated net proceeds of approximately $1.185 billion after discounts and expenses.
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On June 5, 2026, FMC Corporation completed a private offering of $1.2 billion aggregate principal amount of 8.000% Senior Secured Notes due 2031.
Proceeds will fund repurchases or redemption of FMC's outstanding 3.200% Senior Notes due 2026, repay borrowings under its credit agreement, and for general corporate purposes.
The notes are guaranteed by certain subsidiaries and secured by first-priority liens on substantially all assets of FMC and certain guarantors, plus equity interests in certain subsidiaries.
The indenture includes covenants limiting additional debt, dividends, asset sales, and other actions, plus customary events of default and change-of-control repurchase obligations at 101%.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
FMC prices $1.2B of 8.000% senior secured notes due 2031
The notes are being sold in a private offering to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
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FMC Corporation priced an offering of $1.2 billion aggregate principal amount of 8.000% Senior Secured Notes due 2031 at 100% of par.
The offering is expected to close on June 5, 2026, subject to customary closing conditions.
Net proceeds will fund the repurchase or redemption of FMC's outstanding 3.200% Senior Notes due October 1, 2026, repay borrowings under its credit agreement, and for general corporate purposes.
The notes will be guaranteed by certain subsidiaries and secured by first-priority liens on assets and equity interests.
8.01 Other Events · 9.01 Financial Statements and Exhibits
FMC announces proposed $750M offering of senior secured notes due 2031
The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
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On May 19, 2026, FMC Corporation announced a proposed private offering of $750.0 million aggregate principal amount of senior secured notes due 2031.
The notes will be guaranteed by certain subsidiaries organized in the U.S., Switzerland, the Netherlands, Canada, and Singapore.
Net proceeds will fund repurchase or redemption of FMC's outstanding 3.200% Senior Notes due October 1, 2026, repay borrowings under its Fifth Amended and Restated Credit Agreement, and for general corporate purposes.
The offering is subject to market conditions and there is no assurance it will be completed.
8.01 Other Events · 9.01 Financial Statements and Exhibits
FMC reports Q1 2026 revenue of $759M, net loss of $281M, reaffirms full-year outlook
First quarter 2026 revenue was $759 million, down 4% versus Q1 2025; revenue excluding India was $762 million, down 4%.
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Consolidated GAAP net loss was $281 million, a decline of $266 million versus Q1 2025; GAAP loss per diluted share was $2.25, down $2.13.
Adjusted EBITDA was $72 million, down 40% versus Q1 2025; adjusted loss per diluted share was $0.23, down 41 cents.
Full-year 2026 outlook reaffirmed: revenue excluding India of $3.60B-$3.80B, Adjusted EBITDA of $670M-$730M, Adjusted EPS of $1.63-$1.89, free cash flow of -$65M to $65M.
Company continues to advance operational priorities and explore strategic options in parallel; no assurance of any transaction.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits