Eramet announces that the total nominal amount of existing bonds maturing in May 2025, validly tendered and accepted to its buyback offer, amounts to 173.6 million euros, out of a total outstanding amount of 293.6 million.

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 June 3, will therefore be 120 million euros.

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

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