On June 23, 2021, CVR Partners, LP, CVR Nitrogen Finance Corporation (“ Finance Co. ” and, together with the Partnership, the “ Issuers ”), completed the issuance of $550 million in aggregate principal amount of 6.125% Senior Secured Notes due 2028 (the “ Notes ”) in a private offering (the “ Private Offering ”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “ Securities Act ”). The Partnership used the net proceeds from the Private Offering, together with cash on hand, to fund the partial redemption of $550 million of the Issuers’ outstanding 9.250% Senior Secured Notes due 2023 (the “ 2023 Notes ”), which were called for redemption on June 8, 2021. The Notes will mature on June 15, 2028 and were issued at par for net proceeds of approximately $548 million, after deducting the initial purchasers’ discount and estimated offering expenses. Interest on the Notes is payable semiannually in arrears on June 15 and December 15 of each year, beginning on December 15, 2021, to holders of record on the immediately preceding June 1 and December 1. The Notes are fully and unconditionally guaranteed on a senior secured basis, jointly and severally, by all of the Partnership’s existing subsidiaries.