Goldman Sachs Group Inc. is speaking to investors regarding a possible junk-bond sale for Tronox Holdings Plc as the titanium-dioxide maker deals with weakened financial results.
The firm is seeking to raise as much as $400 million through five-year senior secured notes, according to people familiar with the potential transaction who requested anonymity to discuss a private matter. A representative for Goldman Sachs declined to comment, while Tronox did not respond.