trending Market Intelligence /marketintelligence/en/news-insights/trending/cTy6u_H5Bj9kRRIPr09Mng2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

K+S Aktiengesellschaft issues €600M promissory notes

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


K+S Aktiengesellschaft issues €600M promissory notes

K+S Aktiengesellschaftsaid May 3 that it has issued promissory notes worth €600 million.

The issuance is divided into fixed and variable tranches, maturingin three years to seven years, with an average interest rate of about 1.00% perannum on all tranches.

More than 80 investors participated in the notes.

The proceeds from the issue will increase the company's financialflexibility and possibly reduce drawings against its existing credit line.

"With the emissions we strengthen our liquidity and financingstructure for the strategic development of K+S at very favorable conditions,"CFO Burkhard Lohr said in a statement.