TSX: ERO
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NYSE: ERO

Fixed Income

Credit Ratings

Moody’s Ratings

B1

  • Outlook

    Stable

  • Last Update

    November 11, 2025

S&P's Ratings

B+

  • Outlook

    Stable

  • Last Update

    April 17, 2025

Fitch's Ratings

B+

  • Outlook

    Stable

  • Last Update

    December 19, 2025

Loans and Borrowings

Description Currency Security Maturity
(Months)
Coupon Rate Principal To
Be Repaid
December
31
2023
December
31
2022

Carrying value, including accrued interest

Description (in thousands of US Dollars) Currency Security Maturity
(Months)
Coupon Rate Principal To
Be Repaid
December 31
2025
December 31
2024
Senior Notes USD Unsecured 49 6.50% $400,000 $405,092 $404,152
Senior credit facility USD Secured 36 SOFR plus 2.00% - 4.25% 155,000 154,706 134,212
Copper Prepayment Facility USD Secured 12 8.66% 36,508 39,087 46,530
Equipment finance loans USD Secured 3 - 42 6.16% - 8.35% 7,245 7,319 12,933
Equipment finance loans EUR Secured 2 - 6 5.25% 167 168 544
Equipment finance loans BRL Unsecured 5 16.63% 68 84 2,597
Bank loan BRL Unsecured 11 CDI + 0.50% 654 658 1,221
Total $599,642 $607,114 $602,189
Current portion $55,711 $45,893
Non-current portion $551,403 $556,296