Umicore bond issues
Convertible bond
On June 16, 2020, Umicore issued senior unsecured convertible bonds with a contractual maturity of 5 years, under Umicore’s authorized capital, for an aggregate principal amount of € 500 million. The net proceeds will be used for general corporate purposes and to fund Umicore’s strategic developments in the areas of clean mobility and materials recycling.
More information on the convertible bond issuance
More information on the terms and conditions of the convertible bond
On May 3, 2021, Umicore published a notice to the convertible bondholders regarding the adjustment of the conversion price.