Embraer Prices $1.0 Bln Notes Due 2025 Offering

(RTTNews) - Embraer S.A. (ERJ) announceds that it has priced an offering of US$1.0 billion notes due 2025 with yield of 5.091% per annum, issued through its wholly-owned subsidiary Embraer Netherlands Finance B.V. The notes will be fully and unconditionally guaranteed by Embraer.

The notes will bear a coupon rate of 5.050% per annum payable semi-annually. The notes will mature on June 15, 2025 and will be issued and sold at 99.682% of the principal amount.

Embraer said it will use a portion of the net proceeds to repay outstanding indebtedness and the remainder for general corporate purposes.