Latham & Watkins Advises Initial Purchasers in Tronox’s US$500 Million Senior Secured Notes Offering

Capital markets and banking team represented the initial purchasers in the offering by the leading titanium dioxide and inorganic chemicals producer.

May 01, 2020

Tronox Holdings plc, a leading titanium dioxide and inorganic chemicals producer, has announced that Tronox Incorporated, a wholly owned subsidiary of the company, has priced its offering of US$500 million aggregate principal amount of 6.500 percent Senior Secured Notes due 2025. The offering was made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.

Latham & Watkins LLP represented the initial purchasers in the offering with a corporate team led by New York partners Peter Labonski, Keith Halverstam, and Andrew Baker, with associates Taylor Stevens, Daniel Walder, and Matt Schlanger, and a finance team led by New York partner Michèle Penzer, with counsel Jonathan Wry and associates Sarah Lohschelder and Kamal Nesfield.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.