on Amundi Physical Metals Plc
Amundi Physical Metals plc: Issuance of Gold-Linked ETC Securities
Amundi Physical Metals plc has announced the final terms for its latest issuance, part of the Amundi Physical Gold ETC series. This tranche, numbered 626, consists of 388,000 ETC Securities, increasing the total to 49,141,155 for the series. The issue date for these securities is December 6, 2024, with a scheduled maturity extending to May 2118.
The ETC Securities, aimed at offering exposure to gold prices, come with a Total Expense Ratio of 0.12% per annum. The nominal amount per security is set at USD 5.085, and the specified interest amount is USD 0.051. Notably, the issuance has been approved by significant financial participants including HSBC, Jane Street, and BNP Paribas among others.
These securities are now listed on multiple European exchanges such as Euronext Paris, Euronext Amsterdam, and the London Stock Exchange, with estimated net proceeds of USD 40,792,845.60. The offering is focused on markets in Austria, France, Germany, and several other EU countries.
R. E.
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