Ramaco Resources为高级无担保票据定价

2025-07-24 20:11

Ramaco Resources (NASDAQ:METC) announced on Thursday that it has priced its previously announced public offering of senior unsecured notes due 2030.
The Notes will mature on July 31, 2030, unless redeemed prior to maturity.
The Notes will bear interest at a rate of 8.250% per year, payable in arrears on the 30th day of January, April, July and October of each year, commencing on October 30, 2025, and at maturity.
The gross proceeds to the company from the offering, before deducting commissions and expenses, will be approximately $57 million, or approximately $65 million if the underwriters exercise their option in full.
The company has granted the underwriters a 30-day option to purchase up to an additional $8.0 million aggregate principal amount of Notes. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00 in excess thereof. The Offering is expected to close on July 31, 2025.
Proceeds will be used to redeem existing 2026 notes and support rare earth development, investments, capex, and working capital.
Ramaco has applied to list the Notes on Nasdaq under the ticker symbol "METCI".
METC +0.39% premarket to $22.68.
Source: Press Release

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