Minerals Technologies prices USD 400 million notes as Minerals Technologies stock costs EUR 57.75
Published on 10/08/2026 at 23:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Minerals Technologies priced USD 400.0 million of 7.50 percent senior notes due 2032 on October 1, 2026.
- The proceeds are intended to redeem 5.00 percent notes due 2028 and fund transaction expenses.
- MTX stock was EUR 57.75 at Lang & Schwarz on October 8, 2026, down 0.86 percent versus EUR 58.25.
- Third-quarter results are scheduled for October 29, 2026, after the market close.
Minerals Technologies stock (ISIN US6031581068) was trading at EUR 57.75 at Lang & Schwarz on October 8, 2026 at 10:58 p.m. CEST, down 0.86 percent versus EUR 58.25. On October 1, 2026, Minerals Technologies priced USD 400.0 million of 7.50 percent senior notes due 2032, according to Minerals Technologies.
Debt refinancing extends maturity
The notes carry a 7.50 percent coupon and are expected to close on October 13, 2026, subject to customary conditions. The company said the proceeds and cash on hand would redeem its outstanding 5.00 percent notes due 2028 and cover transaction fees linked to the offering and revolving credit facility amendment.
The refinancing changes the maturity profile but raises the stated coupon by 2.50 percentage points versus the debt targeted for redemption. That comparison makes the transaction relevant beyond its USD 400.0 million size: liquidity is being extended, while the new notes carry a higher interest rate.
Three milestones frame the announcement
On July 30, 2026, Minerals Technologies reported second-quarter revenue of USD 548.40 million, up 3.70 percent from the year-earlier period, while diluted earnings per share were a USD 5.90 loss, according to Simply Wall St.
On September 23, 2026, the company reiterated a 5.00 percent organic sales growth target and a 15.00 percent operating margin target at its investor day, according to Quartr. The debt transaction therefore arrives between a weak reported quarter and a longer-term plan built around growth and margin recovery.
What dates matter for MTX?
Minerals Technologies expects the notes to close on October 13, 2026. The company will release third-quarter results after the market close on October 29, 2026 and hold its conference call on October 30, 2026 at 11:00 a.m. ET, as StockTitan reported on October 5, 2026. Those dates give the market two near-term checkpoints for financing completion and operating performance.
MTX stock remains below its yearly high
On the NYSE, MTX was last quoted at USD 64.70 on October 8, 2026 at 4:00 p.m. ET, with a USD 53.94 to USD 84.34 52-week range and a market capitalization of USD 2.0 billion. The Lang & Schwarz quote was in after-hours trading, so the euro reference and the NYSE context represent separate venues and currencies.
The further course of trading is shown by the continuously updated real-time quote of Minerals Technologies stock.
Minerals Technologies stock facts
- Company: Minerals Technologies Inc.
- ISIN: US6031581068
- Ticker: MTX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 8, 2026, 10:58 p.m. CEST): EUR 57.75
- Change versus prior close: minus 0.86 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 58.25
- Market capitalization: USD 2.0 billion (as of October 8, 2026)
- 52-week range: USD 53.94-84.34 (as of October 8, 2026)
- Sector / Industry: Basic Materials / Specialty Chemicals
- Index membership: S&P 500
Market context: Market report S&P 500.
