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Tronox eyes US$584M debt redemption

Tronox Ltd. said March 27 that it intends to offer senior notes due 2026.

The net proceeds will be used to redeem about US$584 million of 7.50% senior notes due 2022.

Earlier in March, Tronox subsidiary Tronox LLC agreed to sell the assets and liabilities of its electrolytic operations in Nevada to EMD Acquisition LLC for US$13 million.