Israel Chemicals Ltd. announced the pricing of a private offering of $800 million aggregate principal senior unsecured notes due 2024 carrying a coupon of 4.50%, issued at a price of 99.285% to yield 4.59%. The Offering is expected to settle on December 2nd, 2014, subject to customary closing conditions. ICL intends to use the net proceeds from the Offering to repay certain short-term loans and debt under its outstanding revolving credit facilities, which will provide the Company flexibility for future borrowings under the revolving credit facilities for general corporate purposes, potential acquisitions and refinancing of existing debt.