Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
MERSEN ( (FR:MRN) ) has shared an announcement.
Mersen has strengthened its financial structure by signing a US private placement with North American investors, raising $100 million and €90 million, maturing in 10 and 7 years respectively. This move is aimed at extending the average maturity of its borrowings to support its 2029 plan and prepare for refinancing in 2026, reflecting confidence in Mersen’s financial strength and development strategy.
More about MERSEN
Mersen is a global expert in electrical power and advanced materials, providing custom-built solutions to high-tech industries such as solar power, electronics, electric vehicles, and aerospace. With more than 50 industrial sites and 21 R&D centers across 30 countries, Mersen has been a leader in innovation for over 130 years, striving to improve lives and protect the planet. The company is recognized for its commitment to progress by rating agencies like Ecovadis and MSCI, and is listed on Euronext Paris.
YTD Price Performance: 1.88%
Average Trading Volume: 2,039
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €512.9M
See more data about MRN stock on TipRanks’ Stock Analysis page.
