Metlen Energy & Metals has fully repaid €500 million worth of bonds on their maturity date (October 30, 2026), drawing on its available liquidity without issuing any new debt instruments for refinancing purposes. The bonds carried an interest rate of 2.25%.
Following repayment, the bonds will be cancelled in accordance with their terms and the applicable provisions of the relevant contractual documents. “This repayment underscores the Company’s financial flexibility and its disciplined approach to capital management, confirming its ability to effectively manage debt maturities through careful liquidity planning,” the Company stated in an official announcement.
It is worth noting that, according to the most recently published semi-annual financial statements, the Group’s cash and cash equivalents stood at €2.59 billion as of June 30, while net debt had declined to €2.61 billion from €3.11 billion at the end of 2025.
At the same time, adjusted net debt fell by €728 million, with the corresponding leverage ratio dropping to 1.7 from 3.1.
