Ramaco Resources Announces $345 Million Convertible Senior Notes Offering
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Ramaco Resources Inc. (NASDAQ: METC) has announced a proposed public offering of $300 million in convertible senior notes due 2031, with an option for underwriters to purchase an additional $45 million. The proceeds will fund capped call transactions to reduce dilution of Class A common stock and support the development of rare earth elements and critical minerals projects, along with other corporate purposes. The interest rate and conversion terms will be determined at pricing.
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