EX-99.1 2 tm2530700d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Carpenter Technology Corporation Announces Proposed $700.0 Million Private Offering of Senior Notes Due 2034 November 10, 2025 PHILADELPHIA, November 10, 2025 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced its intention to offer, subject to market and other conditions, $700.0 million aggregate principal amount of its senior notes due 2034 (the “Notes”) through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the net proceeds from the offering of the Notes, together with cash on hand, to redeem in full its 6.375% senior notes due 2028, including any accrued but unpaid interest due, repay in full its 7.625% senior notes due 2030, including any accrued but unpaid interest and premium due, and for general corporate purposes, which may include repayment or repurchase of certain other outstanding indebtedness. The Notes have not been reg…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
Carpenter Technology Corp
CRSNYSEEQUITYCurrent
Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits (d) Exhibits Exhibit Descriptions No. ───────────────────────────────────────────────────────────────────────────────────────────── 99.1* Press Release dated November 10, 2025. 104.1 Cover Page Interactive Data File (embedded within the Inline XBRL document). *furnished herewith.
Company context
Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy materials and process solutions for critical applications in the aerospace and defense, medical, transportation, energy, and industrial and consumer markets. Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys including nickel, cobalt, and titanium and material process capabilities that solve our customers’ current and future material challenges. More information about Carpenter Technology can be found at www.carpentertechnology.com.