on Amundi Physical Metals Plc
Amundi Physical Metals plc: Issuance of ETC Securities
Amundi Physical Metals plc announced the final terms for the issuance of its Amundi Physical Gold ETC under its Secured Precious Metal Linked ETC Securities Programme. The issue involves 110,000 ETC Securities and marks the 616th tranche for this series. The series' aggregate total has now reached 46,647,455 ETC Securities.
The ETC Securities provide exposure to the gold price and were approved for issuance on April 25, 2019. The issue date for this tranche is set for November 18, 2024, with a scheduled maturity on May 23, 2118. This issuance is backed by significant institutional participants including HSBC Bank plc and BNP Paribas Arbitrage SNC.
The securities will be listed across multiple exchanges including Euronext Paris, Euronext Amsterdam, Deutsche Börse, and the London Stock Exchange. The total expense ratio for these securities is 0.12% per annum, with an estimated total net proceed of USD 11,210,518.00. Each security has a nominal amount of USD 5.085.
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