Eramet Launches EUR 500 Million Rights Issue to Reduce Debt
- Eramet launched a EUR 500 million rights issue at EUR 14.49 per new share to strengthen its balance sheet.
- Shareholders can subscribe for six new shares for every five existing shares from November 18 through November 27, 2026.
- France's FSI-Equation committed EUR 321.73 million, covering 64.35% of the issue, through exercising its rights and acquiring Sorame-CEIR's rights.
- The French state's resulting 47.43% stake will make it the largest shareholder; Sorame-CEIR will subscribe for no new shares.
- Estimated net proceeds of EUR 481.5 million will reduce debt; settlement and admission to trading are scheduled for December 4.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eramet SA published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.