GSM - Ferroglobe: Balance Sheet Clean Up And Commodity Ripping A Potent Combo
- Company has successfully agreed to a lock up with 96% of their bonds due in 2022.
- An equity raise via rights offering will solidify the balance sheet.
- Prices for Silicon Metal are up 40% since company's restructuring presentation.
For further details see:
Ferroglobe: Balance Sheet Clean Up And Commodity Ripping A Potent Combo