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Carpenter Technology (NYSE:CRS) has priced an offering of $300.0M aggregate principal amount of 7.625% senior unsecured notes due 2030 in an underwritten public offering. The notes were priced at 100.000% of the principal amount with a yield to maturity of 7.625%. Offering is expected to close on March 16, 2022. Net proceeds will be used to redeem in full its 4.450% senior notes due 2023.