Eramet: repurchases over half of its 2025 bonds

(CercleFinance.com) - Eramet announces that the total nominal amount of existing bonds maturing in May 2025, validly tendered and accepted to its buyback offer, amounts to E173.
6m, out of a total outstanding amount of E293.6m.

The bonds thus repurchased will be cancelled by the mining and metallurgy group, and the total nominal amount of existing bonds remaining in circulation after settlement of the offer, scheduled for 3 June, will therefore be E120m.

The aim of this offer, as well as the new sustainable development bond issue announced on 21 May, is notably to proactively manage Eramet's debt profile and extend its average maturity.


Copyright (c) 2024 CercleFinance.com. All rights reserved.