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MP Materials | 8-K: Current report

MP Materials | 8-K: Current report

MP Materials | 8-K:重大事件
美股SEC公告 ·  2024/12/18 05:18

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MP Materials has completed exchanges of its 0.25% green convertible senior notes due 2026 for new 3.00% convertible senior notes due 2030. The company exchanged approximately $142.3 million in aggregate principal amount of 2026 notes for $115.3 million of 2030 notes, an increase from previously announced $131.6 million exchange.The new 2030 Convertible Notes are fully fungible with existing notes and were issued under the March 7, 2024 indenture. The exchange transactions have effectively extended the company's debt maturity profile while reducing outstanding indebtedness by approximately $27 million. Initially, a maximum of 7,423,890 shares of common stock may be issued upon conversion, based on an initial maximum conversion rate of 64.3915 shares per $1,000 principal amount.The exchanges were conducted through private negotiations under Section 4(a)(2) of the Securities Act, with the new notes and potential conversion shares not being registered under the Securities Act or other securities laws.
MP Materials has completed exchanges of its 0.25% green convertible senior notes due 2026 for new 3.00% convertible senior notes due 2030. The company exchanged approximately $142.3 million in aggregate principal amount of 2026 notes for $115.3 million of 2030 notes, an increase from previously announced $131.6 million exchange.The new 2030 Convertible Notes are fully fungible with existing notes and were issued under the March 7, 2024 indenture. The exchange transactions have effectively extended the company's debt maturity profile while reducing outstanding indebtedness by approximately $27 million. Initially, a maximum of 7,423,890 shares of common stock may be issued upon conversion, based on an initial maximum conversion rate of 64.3915 shares per $1,000 principal amount.The exchanges were conducted through private negotiations under Section 4(a)(2) of the Securities Act, with the new notes and potential conversion shares not being registered under the Securities Act or other securities laws.
MP Materials已完成其2026年到期的0.25%绿色可转换高级票据与2030年到期的新3.00%可转换高级票据的交换。公司将约$14230万的2026年票据以$11530万的2030年票据进行交换,这一数额较之前宣布的$13160万的交换有所增加。新的2030年可转换票据与现有的票据完全可互换,并根据2024年3月7日的契约发行。此次交换交易有效地延长了公司的债务到期结构,同时将未偿债务减少约$2700万。最初,最多可以在转换时发行7,423,890股普通股,基于每$1,000本金金额的最大初始转换率为64.3915股。这些交换通过证券法第4(a)(2)条规定的私下谈判进行,新票据和潜在的转换股票未在证券法或其他证券法律下注册。
MP Materials已完成其2026年到期的0.25%绿色可转换高级票据与2030年到期的新3.00%可转换高级票据的交换。公司将约$14230万的2026年票据以$11530万的2030年票据进行交换,这一数额较之前宣布的$13160万的交换有所增加。新的2030年可转换票据与现有的票据完全可互换,并根据2024年3月7日的契约发行。此次交换交易有效地延长了公司的债务到期结构,同时将未偿债务减少约$2700万。最初,最多可以在转换时发行7,423,890股普通股,基于每$1,000本金金额的最大初始转换率为64.3915股。这些交换通过证券法第4(a)(2)条规定的私下谈判进行,新票据和潜在的转换股票未在证券法或其他证券法律下注册。
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