Company: CF
Filing Date: 2025-11-21
Form Type: 424B2
Source: 0001104659-25-115010
Chunk: 8

Company: CF Industries Holdings, Inc.
Filing Date: 2025-11-21
Form: 424B2
Chunk 8
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 and references to the “Parent” mean CF Industries Holdings, Inc. and not any of its subsidiaries.

Issuer

CF Industries, Inc.

Parent Guarantor

CF Industries Holdings, Inc.

Notes Offered

$1,000,000,000 aggregate principal amount of 5.300% Senior Notes due 2035 (the “notes”).

Maturity Date

The notes will mature on November 26, 2035, unless redeemed, at the Issuer’s option, prior to such date.

Interest Rate

5.300% per year.

Interest Payment Dates

May 26 and November 26 of each year, beginning May 26, 2026. Interest will accrue from November 26, 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