Company: CF
Filing Date: 2025-11-19
Form Type: 424B2
Source: 0001104659-25-113972
Chunk: 8

Company: CF Industries Holdings, Inc.
Filing Date: 2025-11-19
Form: 424B2
Chunk 8
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 of % Senior Notes due 20 (the “notes”).

Maturity Date

The notes will mature on , 20 , unless redeemed, at the Issuer’s option, prior to such date.

Interest Rate

% per year.

Interest Payment Dates

and of each year, beginning , 2026. Interest will accrue from , 2025.

Optional Redemption

The Issuer may, at its option, redeem the notes, in whole or in part, at any time and from time to time, at the applicable redemption price described under “Description of Notes — Redemption Rights.”

Ranking

The notes will be the Issuer’s senior unsecured obligation and will:

•

rank senior in right of payment to all of the Issuer’s existing and future subordinated indebtedness;

•

rank equally in right of payment with all of the Issuer’s existing and future unsecured unsubordinated indebtedness;

•

be effectively subordinated to all of the Issuer’s existing and future secured indebtedness and obligations to the extent of the value of the assets securing such indebtedness and obligations; and

•

be structurally subordinated to any obligations of the Issuer’s subsidiaries.

Parent Guarantee

The notes will be fully and unconditionally guaranteed by the Parent. The Parent’s guarantee will be a senior unsecured obligation of the Parent and will:

•

rank senior in right of payment to all of the Parent’s existing and future subordinated indebtedness;

•

rank equally in right of payment with all of the Parent’s existing and future unsecured unsubordinated indebtedness;

•

be effectively subordinated to all of the Parent’s existing and future secured indebtedness and obligations to the extent of the value of the assets securing such indebtedness and obligations; and

•

be structurally subordinated to any obligations of the Parent’s subsidiaries (other than, by virtue of the Issuer’s obligations as issuer of the notes, the Issuer).

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TABLE OF CONTENTS

Substantially all of the Parent’s consolidated assets are held by CF Industries and its subsidiaries.

Certain Covenants

The indenture governing the notes will include certain covenants that will, among other things, limit the Issuer’s ability to (i) create or incur certain liens, (ii) enter into certain sale-leaseback transactions and (iii) enter into certain mergers, consolidations, and sales of substantially all of the Issuer’s assets. These covenants are subject to a number of important qualifications,