RCS - Draslovka a.s. - Draslovka places $325m senior secured Nordic bond

JPMorgan Chase & CoAnnouncement

12/02/2026 15:15

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RNS Number : 8152S  Draslovka a.s.  12 February 2026

Draslovka places $325 million senior secured Nordic bond

 

·    Draslovka's capital markets debut to re-finance existing commitments

·    The transaction optimises balance sheet with significant financing
cost reduction

·    Draslovka is first Czech company to access the Nordic market

 

Draslovka a.s ("Draslovka" or the "Company"), a global leader in speciality
chemicals, today announces the placement of a $325 million aggregate nominal
amount of 11% senior secured Notes due 2030 in the Nordic debt markets
("Nordic bond"). The bonds will be issued by Luxembourg-registered NewCo
Holding EUR 29 S.à r.l., to be renamed Draslovka Delta S.à r.l., a
subsidiary of Draslovka fully and unconditionally guaranteed by the Company.

 

The Nordic bond issuance is part of Draslovka's strategy to strengthen the
Company by optimising its capital structure, which positions it for more
predictable, stabilised cash flow generation and long-term value creation.
Upon completion of the bond issuance and partial prepayment of existing
facilities, including the financing facility with JP Morgan, Draslovka will
benefit from a streamlined capital structure and substantive decrease in cash
financing costs.

 

Pavel Bruzek, CEO of Draslovka, commented: "We are extremely pleased with our
inaugural bond issuance. It was oversubscribed and the quality of the
institutional investors is a clear endorsement of our resilient business
model, strategic direction and cash flow profile. With the bond in place, we
are optimally positioned to continue creating long-term value."

 

"We are also proud of becoming the first Czech company to access the Nordic
bond market, marking an important milestone in our capital markets
development."

 

The issuance was executed exclusively with Pareto Securities, a leading Nordic
investment bank focused on high-yield placements.

 

About Draslovka

 

Draslovka a.s. ('Draslovka') is a chemical technologies, products and services
company creating value and improving sustainability in several industries,
including mining, agriculture and manufacturing, and a key player in the
development and production of active materials for sodium-ion batteries.
Today, Draslovka is best known as one of the world's largest producers of
sodium cyanide, a chemical vital for gold mining however its most important
contribution to the mining sector is its Glycine Leaching Technology ('GLT'),
the company's proprietary technology that leaches metals (including gold,
copper, nickel and cobalt) in a more sustainable and economic manner.
Draslovka also manufactures other specialist chemicals and reagents and
provides class-leading chemical application services to the mining and pest
control industries as well as AI-enabled support services.

 

For more information, please contact:

Erik Švamberk

+420 723 893 400

erik.svamberk@draslovka.com

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