Ferroglobe announces the notice of redemption of $150 million of its 9.375% senior secured notes due 2025

London, july 21, 2023 (globe newswire) -- ferroglobe plc (nasdaq: gsm) (“ferroglobe”, the “company”, or the “parent”), a leading global producer of silicon metal, silicon-based and manganese-based ferroalloys, announces today that its subsidiary issuers of the 9.375% senior secured notes due 2025 (the “notes”) have given a notice of partial redemption of such notes at 102.34375% of the principal amount plus accrued interest. the issuers elect to redeem an aggregate principal amount of $150 million of the notes plus accrued and unpaid interest of approximately $14 million, assuming the expected redemption date of july 31, 2023.
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