20th Nov 2025 12:08
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Prices offering of EUR600 million in senior notes due 2031 at 100% of issue price with a coupon of 3.875%. The EUR600 million raised in the debt issue was EUR100 million more than initially announced on Monday. The offering was led by BNP Paribas SA, Citigroup Inc, HSBC Holdings PLC and Morgan Stanley as joint global coordinators. Metlen says proceeds will be used to repay existing debt, for general corporate purposes, and to cover expenses related to the offering.
Separately, Chair & Chief Executive Officer Evangelos Mytilineos buys 20,000 shares via Kilteo Ltd and Melvet Investments Ltd at EUR40.35 and EUR40.94, worth EUR809,901, on Tuesday. Mytilineos has been buying shares steadily since Metlen's London market debut in August. His holding is above 20%.
Current stock price: EUR42.45
12-month change: down 13%
By Tom Waite, Alliance News editor
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Metlen Energy