Mp materials announces exchanges of a portion of its 0.25% green convertible senior notes due 2026, representing a net reduction of $25 million of outstanding indebtedness

Las vegas--(business wire)---- $mp #rareearth--mp materials corp. (nyse: mp) (“mp materials” or the “company”) today announced that on december 9, 2024, it entered into separate, privately negotiated exchange agreements (the “exchange agreements”) with a limited number of holders of its 0.25% green convertible senior notes due 2026 (the “2026 convertible notes”). pursuant to the exchange agreements, the company will exchange approximately $131.6 million aggregate principal amount of the 2026 convertible notes for.
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