Luxembourg, 1st of July 2024
Pursuant to Section 12 (8) (ii) of the terms and conditions of the EUR 66,000,000.00 bond 2024/2026 of Ferralum Metals Group S.à r.l. (ISIN DE000A3LWZV6), Ferralum Metals Group S.à r.l. must publish the group’s first audited consolidated financial statement in accordance with IFRS on its website within 180 days of the end of the 2023 financial year.
Due to the recent completion of the recapitalization and restructuring transaction relating to the Ferralum Group (which only took place on 19 June 2024), the audit of the consolidated financial statement is still ongoing, so that the audited consolidated financial statement cannot yet be published today.
However, Ferralum Metals Group S.à r.l. expects that the audit of the consolidated financial statement can be finalized shortly within the next weeks and will then publish its audited consolidated financial statement on its website immediately.
About Ferralum Metals Group:
Ferralum Metals Group S.à r.l. is a holding company having selected its investments in specialized, sustainable and profitable business sectors of the aluminum and ferrous metals industry. BAGR Berliner Aluminiumwerk GmbH, STOCKACH Aluminium GmbH, STEELCOM Steel & Commodities GmbH as well as a participation in Italiana Coke S.r.l define the group’s main assets. The group owns two secondary aluminum plants processing aluminum scrap, alloy additives and small quantities of primary aluminum into high-quality aluminum slabs. It furthermore consists of a globally active ferrous metals procurement and marketing business as well as an investment in Italiana Coke S.r.l. The groups businesses were previously owned by Metalcorp Group who sold these on 17 May 2023 to Ferralum Metals Group S.à r.l. Ferralum is currently fully owned by the management of BAGR and STEELCOM. In the course of the implementation of the bondholder resolutions, 49% of Ferralum will be acquired by the subscribing bondholders through Bond HoldCo.