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Eramet: Issue of sustainability-linked bonds to be assimilated with the bonds issued on 30 May 2024
Globenewswire·2025-05-21 15:45

Core Points - Eramet has announced the issuance of sustainability-linked bonds amounting to €100 million, which will be assimilated with previously issued bonds, increasing the total principal amount to €600 million [2][3]. Group 1: Bond Issuance Details - The new bonds will form a single series with the €500 million sustainability-linked bonds issued on 30 May 2024, which have an annual coupon of 6.5% [2]. - The net proceeds from the bond issuance will be utilized for Eramet's general corporate purposes [3]. - The settlement for the new bonds is scheduled for 28 May 2025, and they will be admitted to trading on the regulated market of Euronext in Paris [3]. Group 2: Company Overview - Eramet is focused on transforming Earth's mineral resources to provide sustainable solutions for industrial growth and energy transition challenges [13]. - The company is involved in the recovery and development of essential metals such as manganese, nickel, mineral sands, and lithium, contributing to a more sustainable world [13][14]. - Eramet aims to be a reference for the responsible transformation of mineral resources, supporting robust infrastructures and efficient technologies [14].