Ramaco Resources, Inc. (METC), an operator and developer of metallurgical coal, Thursday said it has priced its public offering of senior unsecured notes due 2030 at 8.250% per year.
The company has granted the underwriters a 30-day option to purchase up to an additional $8 million of notes.
Ramaco plans to use gross proceeds from the offering of $57 million, or about $65 million if the underwriters exercise their option in full, to redeem its 9% Senior notes due 2026, and for general corporate purposes.
The offering is expected to close on July 31.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.