CF Industries (CF) Subsidiary Redeems Senior Notes Due 2018

 | Dec 03, 2017 08:10PM ET

CF Industries Holdings, Inc.’s (NYSE:CF) fully-owned subsidiary CF Industries, Inc. has redeemed all of the $800 million outstanding principal amount of its 6.875% senior notes due May 2018.
This was done in accordance with the optional redemption provisions of the indenture governing the notes. The total redemption value was around $816.6 million plus accrued and unpaid interest to, but not including, Dec 1, 2017.
CF Industries has significantly outperformed the

CF Industries Holdings, Inc. Quote

Zacks Rank & Other Stocks to Consider

CF Industries currently carries a Zacks Rank #2 (Buy).

Some other top-ranked stocks in the basic materials space are Ingevity Corporation (NYSE:NGVT) , Koppers Holding Inc. (NYSE:KOP) and Westlake Chemical Corporation (NYSE:WLK) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here .

Ingevity has expected long-term earnings growth of 12%. Its shares have gained 44.1% year to date.

Koppers has expected long-term earnings growth of 18%. Its shares have rallied 25.1% year to date.

Westlake Chemical has expected long-term earnings growth of 10.6%. Its shares have moved up 76% year to date.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

Original post

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes