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LONDON - French mining and metallurgical group Eramet (EPA:ERMT) has finalized its €600 million bond offering without requiring market stabilization measures, according to a statement from Natixis on Monday.
The 6.5% notes, due in 2029, were priced at 99.489% of face value. Natixis and HSBC served as stabilization managers for the transaction but reported that no stabilization actions were necessary following the bond issuance.
Stabilization measures, which typically involve purchasing securities to prevent price declines immediately after issuance, were not implemented during the post-stabilization period that followed the initial announcement on May 21, 2025.
The bonds carry the identification code FR001400QC85 and represent Eramet’s latest move to secure financing. The company, which specializes in mining and metal processing operations, completed the transaction without a guarantor.
This information comes from a post-stabilization announcement released by Natixis. The securities have not been registered under the United States Securities Act of 1933 and are not being offered for sale in the United States.
Eramet operates globally in the extraction and processing of manganese, nickel, and mineral sands, with operations across several continents including Europe, Africa, and Asia.
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