Ferroglobe announces the full redemption of its remaining 9.375% senior secured notes due 2025

London, feb. 05, 2024 (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 notice of full redemption of such notes at 102.34375% of the principal amount plus accrued interest. the issuers elect to redeem an aggregate principal amount of $147,623,624 of the notes, the entire amount outstanding as of the redemption date, plus accrued and unpaid interest and call premium of $4,075,027, assuming the expected redemption date of february 16, 2024.
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