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Compass Minerals Completes $650M Senior Notes Offering

Story Highlights
  • Compass Minerals issued $650 million in senior notes due 2030 to repay existing debts.
  • The transaction strengthens financial stability by managing debt and increasing liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Compass Minerals Completes $650M Senior Notes Offering

Confident Investing Starts Here:

The latest update is out from Compass Minerals International ( (CMP) ).

On June 16, 2025, Compass Minerals International, Inc. completed a private offering of $650 million in senior notes due 2030, with an interest rate of 8.000%. The proceeds are being used to repay existing credit agreements, redeem $350 million of senior notes due 2027, and for general corporate purposes. This move is part of a broader financial strategy, including an amendment to its credit agreement, which stabilizes revolving commitments and permits the issuance of these notes. The transaction is expected to strengthen Compass Minerals’ financial position by managing debt and providing additional liquidity.

The most recent analyst rating on (CMP) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Compass Minerals International stock, see the CMP Stock Forecast page.

Spark’s Take on CMP Stock

According to Spark, TipRanks’ AI Analyst, CMP is a Neutral.

Compass Minerals International’s overall stock score reflects a mixed outlook. While technical indicators are positive, financial performance and valuation present significant challenges. Recent corporate events and earnings call developments show potential for recovery, but persistent profitability issues weigh heavily on the score.

To see Spark’s full report on CMP stock, click here.

More about Compass Minerals International

Compass Minerals International, Inc. is a leading global provider of essential minerals, focusing on delivering products that address nature’s challenges for customers and communities. The company’s salt products are used for road safety during winter and in various consumer, industrial, chemical, and agricultural applications. Additionally, its plant nutrition products enhance crop quality and yield, supporting sustainable agriculture. Compass Minerals operates 12 production and packaging facilities with over 1,800 employees across the U.S., Canada, and the U.K.

Average Trading Volume: 743,932

Technical Sentiment Signal: Hold

Current Market Cap: $800.8M

Learn more about CMP stock on TipRanks’ Stock Analysis page.

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