Sociedad Química y Minera de Chile S.A. announced that it had agreed to issue and sell USD 700 million principal amount of its senior unsecured notes due 2051. The notes will have an annual interest rate of 3.500%, and the transaction is expected to close on September 20, 2021, subject to customary closing conditions. SQM intends to allocate an amount equal to the net proceeds from the offering of the notes to finance or refinance, in whole or in part, recently completed, ongoing or future Eligible Green Projects, with disbursements covering project expenditures for up to 36 months preceding the issuance date of the notes and until and including the maturity date of the notes, including the development and redevelopment of such projects.