The Mosaic Company MOS announced today the commencement of a secondary offering of 100 million shares of common stock related to Cargill, Incorporated's exchange of its approximately 64 percent interest in Mosaic with Cargill stockholders and certain debt holders. The secondary offering is expected to be comprised of
92.5 million shares owned by Cargill's debt holders following a debt-for-equity exchange and 7.5 million shares owned by a charitable trust and foundation formed through the estate planning of Margaret A. Cargill. In
addition, the underwriters have been granted a 30-day option to purchase up to 15 million additional shares from certain of the selling stockholders to cover over-allotments, if any.
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