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  4. Engebo Rutile and Garnet AS

Engebo Rutile and Garnet AS Bonds

Engebo Rutile and Garnet AS, founded in Norway, is a leading producer and exporter of high-quality rutile and garnet minerals. The company specializes in mining and processing these valuable minerals, catering to both industrial and commercial applications around the globe.

Bond NameCountryMaturityCoupon(%)
NOMOSE 12.50% 2027-11-09 USDEngebo Rutile and Garnet ASNorway2027-11-0912.5009.93
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.

Engebo Rutile and Garnet AS issue history

Engebo Rutile and Garnet AS began issuing bonds in 2018, with a focus on raising capital for expansion and enhancing operational efficiency. Their recent bond issuance in 2022, totaling NOK 300 million, garnered significant attention due to its competitive yields of 4.5%, which are attractive compared to the industry average of 5.2%. The company’s bonds feature callable options, offering investors flexibility while supporting the firm’s ongoing projects in mineral extraction.