27
Sep
11:08
Eramet issues bonds to strengthen balance sheet
French mining company Eramet is launching an offering of convertible bonds convertible without shareholders’ preferential subscription rights for an amount of approximately €100 million ($112.2m), Kallanish learns from Eramet.
The issuance of the bonds is aimed at strengthening the company’s balance sheet, which has been heavily impacted by nickel and other raw materials’ price slump and overcapacity.
The terms and conditions of the bon…
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Anonymous
Very good overview of the weekly steel market.
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