|
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Plans for a €500 million senior notes offering as the group seeks to refinance debt and strengthen its balance sheet. The company hires BNP Paribas SA, Citigroup Inc, HSBC Holdings PLC and Morgan Stanley as joint global coordinators to arrange a series of fixed-income investor meetings across Europe beginning Monday. Metlen says proceeds will be used to repay existing indebtedness, support general corporate purposes, and cover fees and expenses related to the offering. Current stock price: €42.50 12-month change: down 13% from €47.16 initial public offering price on August 4. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|