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Jefferies to raise $600m in debt for Gulf Coast Ammonia refinancing - Bloomberg

Published 11/04/2025, 20:16
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Investing.com -- Jefferies Financial Group Inc. is getting ready to raise around $600 million in the leveraged debt capital markets for Gulf Coast Ammonia, a specialty chemicals manufacturer. The investment bank is planning to raise this capital in the US high-yield bond market, with the intention of using the proceeds to refinance Gulf Coast Ammonia's existing debt, according to Bloomberg News, citing sources familiar with the matter.

The sources also indicated that the deal could be initiated within the next two weeks.

This new deal for Gulf Coast Ammonia is being arranged at a time when US high-yield bond and leveraged loan funds are experiencing record outflows. These outflows are largely due to the escalated trade war between the US and China, and the uncertainty surrounding US President Donald Trump's tariffs.

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