Chemours (CC) said late Wednesday it completed a private offering of $600 million of 8% senior unsecured notes set to mature in 2033.

The company said it will use the net proceeds to fully redeem the 440.8 million euros ($465.7 million) outstanding euro-denominated 4.000% senior notes due 2026, with the remainder allocated to general corporate purposes.

Shares of Chemours were down nearly 2% in after-hours trading.