The stock is listed on the New York Stock Exchange

Davis Polk advised the representatives of the several underwriters in connection with the $187 million follow-on public offering of 14.7 million shares of common stock of LSB Industries, Inc. by certain selling stockholders, including 1.2 million shares sold pursuant to the full exercise of the underwriters’ option to purchase additional shares. The common stock is listed on the New York Stock Exchange under the symbol LXU.

LSB Industries, Inc. manufactures and sells chemical products for the agricultural, mining and industrial markets. The nitrogen-based fertilizers that LSB produces (ammonium nitrate, urea ammonium nitrate and anhydrous ammonia) are used to grow food crops, biofuel feedstock crops, pasture land for grazing livestock and forage production.

The Davis Polk capital markets team included partner Roshni Banker Cariello, counsel Joseph S. Payne and associates Claudia Carvajal Lopez, Prince Kudolo and Elizabeth Rodgers. The equity derivatives team included partner Mark M. Mendez and counsel Katharine O’Banion. The tax team included partner Lucy W. Farr and associate Yixuan Long. Counsel Loyti Cheng provided environmental advice. All members of the Davis Polk team are based in the New York office.