Ferroglobe announced that its subsidiary issuers of the 9.375% Senior Secured Notes due 2025 have given a notice of partial redemption of such Notes at 102.34375% of the principal amount plus accrued interest. The issuers elect to redeem an aggregate principal amount of $150 million of the Notes plus accrued and unpaid interest of approximately $14 million, assuming the expected redemption date of July 31, 2023. The Notes are expected to be redeemed with cash on the balance sheet.
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