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Financial structure strengthened with the signature of a USPP

Mersen strengthens its financial structure by extending the average maturity of its debt.

PARIS, February 4, 2025 - Mersen (Euronext FR0000039620 - MRN), a global expert in electrical power and advanced materials, announced today that it has signed a US private placement with leading North American investors. 

This financing consists of a US$100 million tranche maturing in 10 years, and a €90 million tranche maturing in 7 years.

The Group benefits from competitive terms, illustrating its investment grade profile. The funds will be made available in April 2025 and are repayable at maturity.

The purpose of this transaction is to extend the average maturity of the Group's borrowings to almost 5.5 years, to support the 2029 plan, and to prepare for the refinancing of the Schuldschein private placement maturing in April 2026.

Mersen is pleased that the transaction was supported by its valued long-term investors and attracted an important new North American investor.

This transaction illustrates the renewed confidence of our financial partners in Mersen's financial strength and development strategy. The Group is again maintaining the diversification of its financing after the Schuldschein private placement in euros completed at the beginning of 2024.

Thomas Baumgartner

Mersen's Chief Financial Officer

About Mersen

Mersen is a global expert in electrical power and advanced materials for high-tech industries. With more than 50 industrial sites and 21 R&D centers in about 30 countries around the world, Mersen develops custom-built solutions and delivers key products for clients in order to meet the new technological challenges shaping tomorrow’s world. For over 130 years, Mersen’s teams have focused tirelessly on innovation to accompany its clients and meet their needs. Be it in solar power, electronics, electric vehicles, aerospace or other sectors, wherever technology is progressing, you will always find a bit of Mersen. We work to constantly contribute to progress, striving daily to improve people’s lives and protect the planet. This corporate commitment has been recognized by external rating agencies, Ecovadis (Gold Medal) and MSCI (AA rating).

 

Mersen is listed on Euronext Paris – Compartment B

Investor and analyst contact

Véronique Boca
VP, Communication Mersen
Tel. + 33 (0)1 46 91 54 40
Email: dri@mersen.com

Media contact
Guillaume Maujean / Alexia Gachet
Brunswick
Tel.: +33 (0)6 33 06 55 93
Email: mersen@brunswickgroup.com

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