Chemours stock price rises as company completes debt swap
The Chemours Company's stock price has increased by 68% this year following the completion of a private offering of $700 million in 7.875% senior unsecured notes due 2034. This debt swap was well-received on Wall Street, leading to analyst upgrades, especially after the company's strong fourth-quarter financial results. The proceeds will be used to redeem existing notes with lower interest rates.
https://www.delawarebusinessnow.com/news/finance/chemours-stock-price-rises-as-company-completes-debt-swap/article_70864cae-90d9-4bfe-a197-b1b1cdd2d7d9.html