Monsanto selling $750 million of notes due 2025, 2045 on Tuesday

By Aleesia Forni

Virginia Beach, April 7 – Monsanto Co. is planning to price $750 million of senior notes due 2025 and 2045 on Tuesday, according to a market source and a 424B5 filed with the Securities and Exchange Commission.

The notes will feature a change-of-control put at 101%.

Proceeds from the sale will be used for general corporate purposes.

BofA Merrill Lynch, Goldman Sachs & Co., Barclays and MUFG are the managers.

The company provides agricultural products for farmers and is based in St. Louis.

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