MP MATERIALS 24/30 CVMP MATERIALS 24/30 CVMP MATERIALS 24/30 CV

MP MATERIALS 24/30 CV

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Key terms


Outstanding amount
‪862.79 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
−3.96%
Maturity date
Mar 1, 2030
Term to maturity
4 years

About MP MATERIALS 24/30 CV


Sector
Non-Energy Minerals
Industry
Other Metals/Minerals
Issue date
Mar 7, 2024
FIGI
BBG01LTXP9L8
MP Materials Corp. engages in the production and marketing of rare earth specialty materials. It operates through the Materials and Magnetics segments. The Materials segment focuses on the operation of Mountain Pass, which produces refined rare earth oxides and related products, as well as rare earth concentrate products. The Magnetics segment is involved in the operation of Independence Facility, where the company began production of magnetic precursor products. The company was founded by James Henry Litinsky and Michael Rosenthal in 2017 and is headquartered in Las Vegas, NV.
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