Sigma Lithium prices upsized $125 million convertible bond offering due 2031
Story updates
02:27:00 AM UTC
SquawkNews
Sigma Lithium priced US$125M of convertible bonds due 2031, upsized 25% from US$100M. The bonds carry a 7.00% coupon; proceeds are intended to repay senior secured debt in full, with the balance for growth capex and general purposes. Closing is expected on or about November 16, subject to approvals…