One of the world's largest makers of crop nutrients, Mosaic mines potash and phosphate and turns them into the fertilizers farmers spread on fields to grow food. Born in 2004 when IMC Global merged with Cargill's crop-nutrition division, its name reflects how the two companies' pieces came together into a single whole. A fun detail: its roots stretch back to 1909, and it later lent its name to Mosaic Stadium, the home of Saskatchewan's CFL football team.
Mosaic announces final results of cash tender offers for four series of debt securities
The Mosaic Company completed cash tender offers for its 4.050% Senior Notes due 2027, 7.30% Debentures due 2028, 5.375% Senior Notes due 2028, and 4.350% Senior Notes due 2029.
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The offers expired on August 14, 2026, with settlement scheduled for August 18, 2026.
Mosaic accepted $395,103,000 of 2027 Notes, $38,931,000 of 2028 Debentures, $275,878,000 of 2028 Notes, and $161,074,000 of 2029 Notes (after a 2% increase in the series cap).
Total consideration per $1,000 principal amount ranged from $993.31 to $1,037.99 depending on the series.
2029 Notes were accepted at a proration factor of approximately 37.78%; all tendered 2027 Notes, 2028 Debentures, and 2028 Notes were accepted in full.
8.01 Other Events · 9.01 Financial Statements and Exhibits
Mosaic closes $2.0B senior notes offering to fund tender offers and general corporate purposes
On August 17, 2026, The Mosaic Company closed the sale of $1.0B of 5.350% senior notes due 2031, $500M of 5.650% senior notes due 2034, and $500M of 5.900% senior notes due 2036.
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Net proceeds are expected to be approximately $1,983.3 million after underwriting discounts and estimated offering expenses.
Proceeds will fund tender offers for up to $1.4B of existing notes, including 4.050% notes due 2027, 7.300% debentures due 2028, 5.375% notes due 2028, and 4.350% notes due 2029, plus general corporate purposes.
The notes were issued under an Indenture dated October 24, 2011 with U.S. Bank Trust Company, National Association as trustee.
The offering was made under an Underwriting Agreement dated August 10, 2026, with Citigroup, BofA Securities, J.P. Morgan, and Wells Fargo as underwriter representatives.
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 8.01 Other Events · 9.01 Financial Statements and Exhibits
Mosaic announces pricing terms for cash tender offers on four series of notes up to $1.4 billion
Mosaic priced cash tender offers for its 4.050% Senior Notes due 2027, 7.30% Debentures due 2028, 5.375% Senior Notes due 2028, and 4.350% Senior Notes due 2029.
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The aggregate purchase price cap is $1.4 billion, with a $150 million series cap on the 2029 Notes.
Total consideration per $1,000 principal ranges from $993.31 to $1,037.99, plus accrued interest.
Tenders may be withdrawn until 5:00 p.m. New York City time on August 14, 2026; settlement expected August 18, 2026.
Dealer managers are Citigroup Global Markets Inc., BMO Capital Markets Corp., and U.S. Bancorp Investments, Inc.
8.01 Other Events · 9.01 Financial Statements and Exhibits
Mosaic launches cash tender offers for up to $1.4B of its outstanding debt securities
The Mosaic Company commenced cash tender offers on August 10, 2026 to purchase certain outstanding notes with an aggregate purchase price cap of $1,400,000,000.
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The offers target four series: 4.050% Senior Notes due 2027, 7.30% Debentures due 2028, 5.375% Senior Notes due 2028, and 4.350% Senior Notes due 2029.
A $150,000,000 cap applies specifically to the 4.350% Senior Notes due 2029, and acceptance priority levels are assigned with the 2027 notes at highest priority.
The offers expire at 5:00 p.m. New York City time on August 14, 2026, with settlement expected on August 18, 2026.
The offers are conditioned on Mosaic completing a new notes offering (the 'New Notes Offering') with sufficient net proceeds to fund the purchases.
Citigroup Global Markets Inc., BMO Capital Markets Corp., and U.S. Bancorp Investments, Inc. are serving as dealer managers, with Global Bondholder Services Corporation as tender and information agent.
8.01 Other Events · 9.01 Financial Statements and Exhibits