tiprankstipranks
Company Announcements

Embraer Announces Oversubscribed Tender Offer for 2028 Notes

Story Highlights
  • Embraer S.A. announced early results of its tender offer for 2028 notes on February 20, 2025.
  • The tender offer was oversubscribed, with $205.2 million tendered and a proration factor of 60.3%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Embraer Announces Oversubscribed Tender Offer for 2028 Notes

Discover the Best Stocks and Maximize Your Portfolio:

Embraer SA ( (ERJ) ) has shared an update.

On February 20, 2025, Embraer S.A. announced the early results of its offer to purchase up to $150 million of its 6.950% senior unsecured guaranteed notes due in 2028. The tender offer, which was oversubscribed with $205.2 million in notes tendered by the early deadline, resulted in a proration factor of 60.3%. This financial maneuver is part of Embraer’s strategy to manage its debt effectively, reflecting its proactive approach to financial structuring, potentially impacting stakeholder confidence and market positioning.

More about Embraer SA

Embraer S.A. is a Brazilian aerospace and defense company that specializes in manufacturing commercial, military, executive, and agricultural aircraft, as well as providing aviation services. The company is a significant player in the global aerospace market, known for its focus on innovative and efficient aircraft designs.

YTD Price Performance: 12.83%

Average Trading Volume: 1,050,050

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.77B

See more insights into ERJ stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1