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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 ·  2024/12/17 13:18

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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%綠色可轉換高級票據與2030年到期的新3.00%可轉換高級票據的交換。公司將約$14230萬的2026年票據以$11530萬的2030年票據進行交換,這一數額較之前宣佈的$13160萬的交換有所增加。新的2030年可轉換票據與現有的票據完全可互換,並根據2024年3月7日的契約發行。此次交換交易有效地延長了公司的債務到期結構,同時將未償債務減少約$2700萬。最初,最多可以在轉換時發行7,423,890股普通股,基於每$1,000本金金額的最大初始轉換率爲64.3915股。這些交換通過證券法第4(a)(2)條規定的私下談判進行,新票據和潛在的轉換股票未在證券法或其他證券法律下注冊。
MP Materials已完成其2026年到期的0.25%綠色可轉換高級票據與2030年到期的新3.00%可轉換高級票據的交換。公司將約$14230萬的2026年票據以$11530萬的2030年票據進行交換,這一數額較之前宣佈的$13160萬的交換有所增加。新的2030年可轉換票據與現有的票據完全可互換,並根據2024年3月7日的契約發行。此次交換交易有效地延長了公司的債務到期結構,同時將未償債務減少約$2700萬。最初,最多可以在轉換時發行7,423,890股普通股,基於每$1,000本金金額的最大初始轉換率爲64.3915股。這些交換通過證券法第4(a)(2)條規定的私下談判進行,新票據和潛在的轉換股票未在證券法或其他證券法律下注冊。
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