Compass Minerals Announces $650 Million Senior Notes Offering

Compass Minerals International ( (CMP) ) has provided an announcement.

On June 3, 2025, Compass Minerals announced the pricing of a $650 million offering of senior notes due 2030, with the sale expected to close around June 16, 2025. The proceeds will be used to repay existing debt, redeem $350 million of senior notes due 2027, and for general corporate purposes. Concurrently, the company plans to amend its senior secured credit agreement to adjust financial covenants and revolving commitments. This strategic financial maneuver aims to optimize the company’s debt structure and enhance its financial flexibility.

The most recent analyst rating on (CMP) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Compass Minerals International stock, see the CMP Stock Forecast page.

Spark’s Take on CMP Stock

According to Spark, TipRanks’ AI Analyst, CMP is a Neutral.

Compass Minerals International is showing signs of recovery with improved inventory management and debt reduction. However, significant financial challenges remain, such as declining revenues and negative profitability metrics. The stock is overbought technically, and its negative P/E ratio limits its valuation attractiveness. Overall, while there are promising strategic improvements, the company faces ongoing risks that temper its stock score.

To see Spark’s full report on CMP stock, click here.

More about Compass Minerals International

Compass Minerals International, Inc. is a leading global provider of essential minerals, focusing on delivering solutions for customers and communities. The company’s salt products are used for road safety during winter and various consumer, industrial, chemical, and agricultural applications. Additionally, its plant nutrition products enhance crop quality and yield, supporting sustainable agriculture. Compass Minerals operates 12 production and packaging facilities with nearly 1,800 employees across the U.S., Canada, and the U.K.

Average Trading Volume: 738,175

Technical Sentiment Signal: Hold

Current Market Cap: $792.5M

See more data about CMP stock on TipRanks’ Stock Analysis page.