Eramet to price at least €300 million of bonds

By Rebecca Melvin

New York, Nov. 4 – Eramet SA announced it plans to offer at least €300 million of new euro-denominated bonds, according to a news release.

The new bonds are being priced concurrently with a cash tender offer for Eramet’s €525 million bonds due November 2020, of which €460.1 million is outstanding.

The results of the tender, which is conditioned on settlement of the new bond issue, is expected to be announced on or around Nov. 20.

The mining and metallurgy company is based in Paris.

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