CLAYTON, Mo., Feb. 28, 2025 /PRNewswire/ — Olin Company (NYSE: OLN) introduced nowadays that it intends to deal (the “Offering”) $600 million mixture major quantity of senior notes due 2033 (the “Senior Notes”), topic to marketplace and alternative situations. The Senior Notes can be Olin’s senior unsecured duties and may not be assured through any subsidiaries of Olin at the factor future.

Olin intends to importance the online proceeds of the Providing, along side borrowings beneath pristine substitute credit score amenities that Olin intends to go into into at the same time as with or in a while upcoming the consummation of the Providing (the “Replacement Credit Facilities”), to (i) redeem all of its $500.0 million of five.125% Senior Notes due 2027 (the “2027 Notes”), (ii) refinance its current revolving credit score facility and pay off all borrowings thereunder, together with expected borrowings that can be worn to redeem all of its 9.500% Senior Notes due 2025 (the “2025 Notes”), (iii) refinance its current time period mortgage facility and (iv) pay connected charges and bills (jointly, the “Refinancing Transactions”). This press leave does no longer represent a realize of redemption and does no longer represent an deal to redeem or acquire any of the 2025 Notes or the 2027 Notes and the Providing isn’t conditioned at the ultimate of the Alternative Credit score Amenities.

The Senior Notes can be presented in a personal providing excused from the registration necessities of the Securities Function of 1933, as amended (the “Securities Act”). The Senior Notes can be presented simplest to individuals fairly believed to be certified institutional patrons pursuant to Rule 144A beneath the Securities Function and to non-U.S. individuals out of doors america in reliance on Legislation S beneath the Securities Function.

The Senior Notes have no longer been registered beneath the Securities Function and is probably not presented or bought in america absent registration or an appropriate exemption from the registration necessities of the Securities Function and appropriate climate regulations.

This press leave does no longer represent an deal to promote, or a solicitation of an deal to shop for, the Senior Notes nor shall there be any sale of the Senior Notes in any climate or jurisdiction during which such deal, solicitation or sale could be illegal previous to registration or qualification beneath the securities regulations of this type of climate or jurisdiction. Disagree pledge will also be made that the Providing can be consummated on its proposed phrases or in any respect.

COMPANY DESCRIPTION

Olin Company is a chief vertically built-in world producer and distributor of chemical merchandise and a chief U.S. producer of ammunition. The chemical merchandise produced come with chlorine and caustic soda, vinyls, epoxies, chlorinated organics, blanch, hydrogen, and hydrochloric acid. Winchester’s major production amenities manufacture and distribute wearing ammunition, legislation enforcement ammunition, reloading elements, mini caliber army ammunition and elements, commercial cartridges, and clay goals.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Statements on this press leave which aren’t historic in nature are “forward-looking statements” throughout the that means of the federal securities regulations, together with statements in regards to the Providing.  Those statements frequently come with phrases corresponding to “anticipate,” “intend,” “may,” “expect,” “believe,” “should,” “plan,” “outlook,” “project,” “estimate,” “forecast,” “optimistic,” “target,” and permutations of such phrases and alike expressions relate to analyses and alternative knowledge which can be according to control’s ideals, sure suppositions made through control, forecasts of pace occasions, and wave expectancies, estimates and projections concerning the Providing, the Refinancing Transactions and the Alternative Credit score Amenities.

Those statements aren’t promises of pace efficiency and contain sure dangers, uncertainties, and suppositions, which can be tough to are expecting and lots of of which can be past our regulate. Due to this fact, latest results and effects would possibly vary materially from the ones issues expressed or implied in such forward-looking statements. We adopt incorrect legal responsibility to replace publicly any forward-looking statements, whether or not on account of pace occasions, pristine knowledge or in a different way, excluding as required through legislation.

The dangers, uncertainties and suppositions enthusiastic about our forward-looking statements, a lot of which can be mentioned in additional trait in our filings with the SEC, together with with out limitation the “Risk Factors” category of our Annual Document on Mode 10-Okay for the era ended December 31, 2024, and alternative studies furnished or filed with the SEC, come with, however aren’t restricted to, refer to:

• sensitivity to financial, industry and marketplace situations in america and in a foreign country, together with financial instability or a downturn within the sectors served through us;
• declines in moderate promoting costs for our merchandise and the availability/call for steadiness for our merchandise, together with the have an effect on of profusion trade capability or an imbalance in call for for our chlor alkali merchandise;
• unsuccessful execution of our working style, which prioritizes Electrochemical Unit (ECU) margins over gross sales volumes;
• failure to regulate prices and inflation affects or failure to succeed in focused value discounts;
• our reliance on a restricted choice of providers for specified feedstock and services and products and our reliance on third-party transportation;
• availability of and/or higher-than-expected prices of uncooked subject matter, power, transportation, and/or logistics;
• the incidence of sudden production interruptions and outages, together with the ones happening on account of exertions disruptions and manufacturing hazards;
• publicity to bodily dangers related to climate-related occasions or higher severity and frequency of dreadful climate occasions;
• the failure or an interruption, together with cyber-attacks, of our knowledge generation methods;
• dangers related to our world gross sales and operations, together with financial, political or regulatory adjustments;
• failure to spot, draw in, form, hold and encourage certified staff all through the group and talent to supremacy govt officer and alternative key senior control transitions;
• our incapability to finish pace acquisitions or three way partnership transactions or effectively combine them into our industry;
• antagonistic situations within the credit score and capital markets, restricting or combating our talent to borrow or lift capital;
• susceptible trade situations affecting our talent to agree to the monetary repairs covenants in our current credit score amenities;
• our indebtedness and debt carrier duties;
• the consequences of any declines in world fairness markets on asset values and any declines in rates of interest or alternative important suppositions worn to price the liabilities in, and investment of, our pension plans;
• our long-range plan suppositions no longer being discovered, inflicting a non-cash impairment price of long-lived property;
• adjustments in, or failure to agree to, regulation or executive rules or insurance policies, together with adjustments referring to our talent to assemble or importance sure merchandise and adjustments throughout the world markets during which we perform;
• pristine rules or family coverage adjustments in regards to the transportation of hazardous chemical substances and the protection of chemical production amenities;
• sudden results from prison or regulatory claims and complaints;
• prices and alternative expenditures in profusion of the ones projected for environmental investigation and remediation or alternative prison complaints;
• numerous dangers related to our Puddle Town U.S. Military Ammunition Plant guarantee and function beneath alternative governmental promises; and
• failure to successfully supremacy environmental, social and governance (ESG) problems and connected rules, together with weather trade and sustainability.

All of our forward-looking statements will have to be regarded as in luminous of those components.  As well as, alternative dangers and uncertainties no longer at this time recognized to us or that we believe immaterial may have an effect on the accuracy of our forward-looking statements.  We would possibly not consummate the Providing and, if the Providing is consummated, we can not serve any pledge in regards to the ultimate phrases of the Providing.  Our talent to consummate the Refinancing Transactions and acquire the Alternative Credit score Amenities is topic to common marketplace situations.

2025-05

SOURCE Olin Company