Titan International, Inc. announced that, its intention to offer through a private placement, subject to market and other conditions, $400 million aggregate principal amount of its Senior Secured Notes due 2028 (the "2028 Notes"). The 2028 Notes are being offered by the initial purchasers only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States in compliance with Regulation S under the Securities Act. Titan intends to use the net proceeds from the offering to finance the redemption of its 6.50% Senior Secured Notes due 2023 (the "2023 Notes"), including all call premiums, accrued interest, costs and expenses associated therewith, which are being called for redemption in accordance with the applicable provisions of the indenture governing the 2023 Notes. The redemption of the 2023 Notes is conditional upon the closing of the offer and sale of the 2028 Notes.