GrafTech International Ltd. Announces Exchange Offers and Consent Solicitations for Senior Secured Notes
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GrafTech International Ltd. Announces Exchange Offers and Consent Solicitations for Senior Secured Notes

GrafTech International Ltd. is a leading manufacturer of highquality graphite electrode products, crucial for electric arc furnace steel production, as well as other ferrous and nonferrous metals. The company has initiated exchange offers and consent solicitations for senior secured notes due 2028. This financial restructuring aims to replace existing notes with new notes due 2029, to better align its debt structure with its strategic goals.

GrafTech has announced two separate Exchange Offers for GrafTech Finance Inc. and GrafTech Global Enterprises Inc.s senior secured notes. The exchange involves offering new notes with the same interest rates but extended maturity. This initiative is expected to streamline GrafTechs operations and enhance its financial flexibility. Speaking about the exchange offers, GrafTech remarked on their strategy to focus on cost efficiency and product quality while preparing for future growth opportunities.

The announcement highlighted that certain holders, representing a significant portion of the existing notes, have agreed to the exchange, showcasing confidence in GrafTechs fiscal strategy. Supporting

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