Minerals Technologies Announces $400 Million Private Offering of Senior Notes

Key Facts

1Minerals Technologies Inc. announced the commencement of a private offering of $400 million in senior notes due 2034.

Minerals Technologies Inc. announced the commencement of a private offering of $400 million in aggregate principal amount of senior notes due 2034. According to a company statement reported by GlobeNewswire, the offering is subject to market conditions and is being conducted as a private placement for qualified institutional buyers and non-U.S. persons.

MTX closed at $65.4 on September 30, 2026, with the stock trading between a low of $65.39 and a high of $66.08 during that session. The company intends to use the net proceeds, combined with cash on hand, to redeem its outstanding 5.000% senior notes due 2028 and to pay expenses related to the concurrent amendment and extension of its revolving credit facility.