Investors – Bonds

Information on Aperam’s debt instruments.

2014/2021

Recent press releases : Link

Net Share Settled Convertible and/or Exchangeable Bonds due 2021: Results of investor exercise of early redemption rights at par on January 8, 2019

Following exercise by bondholders of their early redemption rights of the Aperam Net Share Settled Convertible and/or Exchangeable Bonds due July 2021 as per clause 7 (d) (ii) of Bonds terms & conditions, the nominal value of such Bonds has been decreased by an amount of USD 72.4 million by redemption at their principal amount plus accrued interest on 8 January 2019.
In addition, as of 8 January 2019, Aperam has bought back Bonds for a total principal amount of USD 63 million which are not cancelled yet. As a consequence, the remaining nominal value of the Bonds in issue as of 8 January 2019 is USD 227.6 million of which USD 164.6 million are held by third parties.

On 27 March 2019, Aperam has announced the final purchase price in relation to its invitation to holders of the Bonds to offer to sell any and all of their Bonds to Aperam for cash. Aperam purchased USD 137.0 million in aggregate principal amount of Bonds.

On 1 October 2019, Aperam announced its intention to redeem its Bonds due 2021, of which U.S.$27,600,000 in aggregate principal amount remains outstanding.

On November 04th, 2019, Aperam redeemed all but not some only of the outstanding Bonds at their principal amount plus any accrued interest. The Bonds were cancelled.

IssuerAperam SA
Rating of the bond 
CurrencyUSD
Issue amountUSD 300,000,000
Issue dateJuly 8/2014
MaturityJuly 8/2021
Coupon0.625%
Coupon paymentSemi-annually
Issue price100%
Stock exchangeFrankfurt (Freiverkehr)
ISIN codeXS1084287322

Dividend Adjustment Notice

 

2013/2020
IssuerAperam SA
Rating of the bondBaa3 / BBB- (Moody’s, S&P)
CurrencyUSD
Issue amountUSD 200,000,000
Issue dateSeptember 30/2013
MaturitySeptember 30/2020
Coupon2.625%
Coupon paymentSemi-annually
Issue price100%
Stock exchangeFrankfurt (Freiverkehr)
ISIN codeXS0974057191

Optional Redemption Notice 8 September 2017

Dividend Adjustment Notice