GrafTech International (EAF) on Monday reported the final results of the separate notes exchange offers of units GrafTech Finance and GrafTech Global Enterprises that expired Friday.
About $498.2 million of the 4.625% senior secured notes due 2028 issued by GrafTech Finance were tendered and accepted for new 4.625% second lien notes due 2029 that it will issue, GrafTech International said.
The company added that about $446.2 million of 9.875% senior secured notes due 2028 issued by GrafTech Global were tendered and accepted for new 9.875% second lien notes due 2029 to be issued by the unit.
Price: 1.62, Change: +0.04, Percent Change: +2.53
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.