OLIN CORPORATION (NYSE:OLN) Files An 8-K Regulation FD Disclosure

OLIN CORPORATION (NYSE:OLN) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.

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In accordance with General Instruction B.2. of Form 8-K, the following information and the attached Exhibit 99.1 and Exhibit 99.2 shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended. Olin Corporation (“Registrant”) disclaims any intention or obligation to update or revise this information.

Attached as Exhibit 99.1, and incorporated herein by reference, is a copy of Registrant’s press release dated January16, 2018, announcing its intent to pursue a registered debt offering of Senior Notes due 2030 (the “Senior Notes”). Attached as Exhibit 99.2, and incorporated herein by reference, is a copy of Registrant’s subsequent press release dated January16, 2018, announcing the pricing of its offering of $550million aggregate principal amount of the Senior Notes. The Senior Notes will mature on February1, 2030, will have an interest rate of 5.000% and will be issued at 100.000% of par value. Interest will be paid semi-annually on the 1st day of February and August, beginning August1, 2018. The Senior Notes will be sold to Registrant’s shelf registration statement on file with the Securities and Exchange Commission. The underwriters for the transaction are Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Merrill Lynch, Pierce, Fenner& Smith Incorporated, PNC Capital Markets LLC, SMBC Nikko Securities America, Inc., Scotia Capital (USA) Inc., MUFG Securities Americas Inc., Deutsche Bank Securities Inc. and TD Securities (USA) LLC. Registrant expects to use the net proceeds of the offering, together with cash on hand, to prepay in part the term loans outstanding under Olin’s existing term loan credit facility, which is scheduled to mature in 2022. Closing of the offering is expected to occur on January19, 2018, subject to customary closing conditions.

This Current Report on Form 8-K does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Senior Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Item 7.01. Financial Statements and Exhibits.


OLIN CORP Exhibit
EX-99.1 2 d462436dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Investor Contact: Larry P. Kromidas (314) 480-1452 [email protected] News   Olin Corporation,…
To view the full exhibit click here

About OLIN CORPORATION (NYSE:OLN)

Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a range of epoxy materials, including allyl chloride, epichlorohydrin, liquid epoxy resins and downstream products, such as converted epoxy resins and additives. The Epoxy segment serves an array of applications, including wind energy, electrical laminates and consumer goods. The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

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