Frankfurt, June 1, 2026 - Almatis today announced the successful completion of a landmark refinancing of its credit facilities, increasing total committed financing to approximately USD 411 million and extending its maturity profile to 2033.
As part of the transaction, Almatis’ shareholder has further demonstrated strong confidence in the company and its management through a major debt-to-equity swap. This measure significantly strengthens Almatis’ capital structure and leads to a meaningful improvement of its balance sheet.
The transaction represents a significant step-up in financial capacity, more than doubling the company’s previous facility and marking a clear vote of confidence from leading international financial institutions. Together with the shareholder’s support, this underscores the continued momentum of Almatis and reinforces its strengthened credit profile in a competitive and dynamic market environment.
With this enhanced financial platform and stronger balance sheet, Almatis is accelerating its growth trajectory and expanding its strategic ambitions. Guided by its vision “Innovate Alumina and Beyond for Tomorrow,” the company is increasingly positioned to move beyond traditional alumina markets, unlocking new opportunities across applications, industries and regions.
The refinancing also enables Almatis to further invest in its global footprint and key markets, strengthening its operational capabilities and supporting continued expansion worldwide.
Anil Sönmez, Chief Executive Officer of Almatis, said:
“This transaction marks a major milestone for Almatis and clearly demonstrates the strength of our business and the confidence in our future. We are not only reinforcing our financial foundation, but also actively enabling the next phase of our growth. As we continue to evolve beyond traditional alumina markets, this positions us to capture new opportunities and accelerate our global expansion.”
Gözde Diner, Chief Financial Officer of Almatis, added:
“The strong support from our banking partners, together with our shareholder’s commitment demonstrated through the USD 195 million debt-to-equity swap, and the substantial increase in our committed financing reflect the growing confidence in Almatis’ performance and strategic direction. By extending our maturity profile to 2033, strengthening our balance sheet, and significantly increasing our financial flexibility, we have created a robust platform to execute our ambitions and drive sustainable growth.”
Forward-Looking Statements
This press release contains forward-looking statements that reflect Almatis’ current views with respect to future events and financial and operational performance. These statements include, but are not limited to, statements regarding Almatis’ strategy, growth ambitions, market opportunities, financial position, and expected future performance.
Forward-looking statements are based on current assumptions and expectations and are subject to risks and uncertainties, including known and unknown risks, that could cause actual results to differ materially from those expressed or implied in such statements. These risks and uncertainties include, among others, changes in economic conditions, market dynamics, competitive developments, regulatory changes, and other factors beyond the control of Almatis.
Almatis undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.