Carpenter technology corporation announces pricing of 7.625% senior notes due 2030

Philadelphia, march 11, 2022 (globe newswire) -- carpenter technology corporation (nyse: crs) (the “company”) announced today that it priced an offering of $300.0 million aggregate principal amount of 7.625% senior unsecured notes due 2030 (the “notes”) in an underwritten public offering. the notes were priced at 100.000% of the principal amount with a yield to maturity of 7.625%. the offering is expected to close on march 16, 2022, subject to the satisfaction of customary closing conditions.
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