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Embraer Announces $150 Million Cash Tender Offer for 2028 Notes

Story Highlights
  • Embraer announced a cash tender offer for up to $150 million of its 6.950% notes due 2028.
  • The move aims to manage debt and improve financial flexibility, with settlement on February 21, 2025.
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Embraer Announces $150 Million Cash Tender Offer for 2028 Notes

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The latest announcement is out from Embraer SA ( (ERJ) ).

On February 20, 2025, Embraer S.A. announced the consideration payable for its cash tender offer to purchase up to $150 million of its outstanding 6.950% senior unsecured guaranteed notes due 2028. The offer, which was announced earlier, aims to manage Embraer’s debt profile effectively. The tender offer saw a higher demand than the maximum principal amount, leading to the acceptance of $150 million worth of notes, with the settlement date set for February 21, 2025. This strategic financial move by Embraer indicates its proactive management of debt obligations, potentially enhancing its financial flexibility and positively impacting its market position.

More about Embraer SA

Embraer S.A. is a prominent Brazilian aerospace company that specializes in the manufacture of commercial, military, executive, and agricultural aircraft. As a leader in the aviation industry, Embraer is recognized for its innovative aircraft designs and significant presence in global markets.

YTD Price Performance: 12.83%

Average Trading Volume: 1,050,050

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.77B

For a thorough assessment of ERJ stock, go to TipRanks’ Stock Analysis page.

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