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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 6/21/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

SGL Carbon will repay 4 5/8% bonds with new convertibles

Chicago, June 21 – SGL Carbon SE announced that it will be using new convertible bonds and cash on hand to refinance its 4 5/8% bonds due 2024 (ISIN: XS1945271952).

There are €237 million of the bonds outstanding.

The company is aiming to reduce its overall gross debt.

SGL is a Wiesbaden, Germany-based manufacturer of carbon, graphite and composite materials.


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