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Axalta Prices Upsized Notes Offering

Priced its offering of $700 million.

By: Coatings World staff

Axalta Coating Systems Ltd. announced that its indirect, wholly-owned subsidiary, Axalta Coating Systems, LLC, priced its offering of $700 million in aggregate principal amount of 3.375% Senior Notes due 2029. 

 

The size of the offering was increased by $100 million from the previously announced offering size of $600 million. 

 

The Notes were offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in compliance with Regulation S under the Securities Act.

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