Earlier this month, CHS planned to offer only $1 billion in those notes, which carry an interest rate of 7.125 percent.
As previously stated, CHS will use the proceeds from the debt offering to pay off $934 million of senior notes due in 2015 and other general corporate purposes. The notes due in 2015 carry an interest rate of 8.875 percent.
More Articles on CHS Refinancing:
CHS to Offer $1B in Senior Notes to Pay Off Other Debt
CHS Finalizes Exchange Offer of $2B in Senior Notes Due in 2019
