FMC Corp returns to Philadelphia the week of a $1.2 billion debt offering

FMC Corp flew from Trenton, New Jersey, to Philadelphia International Airport on May 25, 2026, a 26-minute hop in its Bombardier Challenger 605 (tail N1088). The short leg capped a longer journey: earlier that day, the aircraft had arrived in Trenton from Shannon, Ireland, after a multi-stop European tour that included Brussels and Perpignan, France.

The return to Philadelphia comes the same week FMC Corp priced $1.2 billion in 8.000% senior secured notes due 2031, per a May 21 SEC filing. The company plans to use proceeds to repurchase or redeem its outstanding 3.200% Senior Notes due October 2026 and repay borrowings under its credit agreement. The offering is expected to close June 5. CEO Pierre Brondeau, who came out of retirement last year to lead the struggling pesticide maker, has been shuttling between investors and operations — the European leg likely tied to meetings with Bank of America in Florida and visits to Southeast Asia and Latin America, as reported by the Philadelphia Inquirer in March.

FMC Corp has been flying heavily this month: the Challenger 605 logged trips to Battle Creek, Michigan, on May 9-10, then to Perpignan and Barcelona on May 15-16, and back to Brussels on May 21-22 before returning stateside. The company, which reported first-quarter adjusted EBITDA above guidance on April 30, is navigating a patent cliff on its key insecticide Rynaxypyr while launching new molecules. The debt refinancing and board-authorized sale exploration underscore a pivotal year for the Philadelphia-based agricultural sciences firm.