Key Developments: Eramet SA (ERMT.PA)

ERMT.PA on Paris Stock Exchange

73.36EUR
30 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Eramet SA Places EUR 400 Million Bond Issue
Tuesday, 5 Nov 2013 01:02am EST 

Eramet SA announced the placement to institutional investors of its issue of seven-year euro-bonds for a total amount of EUR 400 million. The bonds pay interest at an annual rate of 4.5%. The main goal of the issue is to diversify the Company's financing sources (beyond its undrawn Revolving Credit Facility) and extend their average maturity. The placement was jointly led by BNP Paribas, Natixis and Societe Generale as active bookrunners. CA CIB was involved as passive bookrunner.  Full Article

Eramet SA Comments on H2 2013 Operating Income Guidance
Sunday, 20 Oct 2013 08:00pm EDT 

Eramet SA announced that its current operating income in the second half of fiscal year 2013 will be significantly lower than in the first half of fiscal year 2013.  Full Article

Eramet SA Issues H2 Fy 2013 Operating Income Guidance Below Analysts' Estimates
Monday, 29 Jul 2013 01:01am EDT 

Eramet SA announced that it expects its operating income for the second half of fiscal year 2013 to be significantly lower than in the first half of fiscal year 2013. The Company rep[reported for the first half of fiscal year 2013 an operating income of EUR 34.50 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report an operating income of EUR 64 million.  Full Article

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