Information relating to the repurchase for cancellation by Eramet of €7,500,000 of its outstanding private placement due 22 April 2026
April 12 2024 - 10:45AM
Information relating to the repurchase for cancellation by Eramet
of €7,500,000 of its outstanding private placement due 22 April
2026
Paris, 12 April 2024, 5.45 p.m
PRESS RELEASE
Eramet: Information relating to the
repurchase for cancellation by Eramet of €7,500,000 of its
outstanding private placement in a principal amount of €50,000,000
with an annual interest rate of 5.29 per cent. Bonds due 22
April 2026 (ISIN: FR0011860923) (the “Bonds”)
Information relating to the repurchase on or off
the market in one or more transactions of more than 10% of the
Bonds pursuant to Article 238-2 of the Règlement Général de
l’Autorité des marchés financiers (the “RGAMF”).
In accordance with the provisions of Article
L.213-0-1 of the French Code monétaire et financier and Article
238-2 of the RGAMF, Eramet (the “Company”)
announces that it has repurchased more than 10% of the bond issue
described below:
ISIN |
StockExchange |
Number of Bonds issued |
Number of outstanding bonds before the repurchase by the
company |
Maturity Date |
Number of Bondsrepurchased by the Company
which will be cancelled |
Number of outstanding Bonds afterthe
repurchase by the Company |
FR0011860923 |
Euronext Paris |
500 |
275 |
22 April 2026 |
75 |
200 |
This transaction enables Eramet to continue to proactively
manage the Group's debt profile.
Calendar
25.04.2024: Publication of 2024 first-quarter turnover
30.05.2024: Shareholders’ General Meeting
25.07.2024: Publication of 2024 half-year results
ABOUT ERAMET
Eramet transforms the Earth’s mineral resources
to provide sustainable and responsible solutions to the growth of
the industry and to the challenges of the energy transition.
Its employees are committed to this through
their civic and contributory approach in all the countries where
the mining and metallurgical group is present.
Manganese, nickel, mineral sands, lithium, and
cobalt: Eramet recovers and develops metals that are essential to
the construction of a more sustainable world.
As a privileged partner of its industrial
clients, the Group contributes to making robust and resistant
infrastructures and constructions, more efficient means of
mobility, safer health tools and more efficient telecommunications
devices.
Fully committed to the era of metals, Eramet’s
ambition is to become a reference for the responsible
transformation of the Earth’s mineral resources for living well
together.
www.eramet.com
INVESTOR
CONTACTDirector of Investor
RelationsSandrine Nourry-DabiT. +33 1 45
38 37 02 sandrine.nourrydabi@eramet.com PRESS
CONTACTMedia relations
managerFanny
Mounierfanny.mounier@eramet.comT. +33 7 65 26 46
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