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

    January 13, 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
September 30
2025
December 31
2024
Senior Notes USD Unsecured 52 6.50% $400,000 $398,353 $404,152
Senior credit facility USD Secured 39 SOFR plus 2.00% - 4.25% 155,000 154,474 134,212
Copper Prepayment Facility USD Secured 15 8.66% 45,635 48,335 46,530
Equipment finance loans USD Secured 3 - 45 5.00% - 8.35% 9,122 9,220 12,933
Equipment finance loans EUR Secured 5 - 9 5.25% 279 279 544
Equipment finance loans BRL Unsecured 1 - 8 nil% - 16.63% 180 209 2,597
Bank loan BRL Unsecured 14 CDI + 0.50% 861 866 1,221
Total $611,077 $611,736 $602,189
Current portion $50,590 $45,893
Non-current portion $561,146 $556,296

As of September 30, 2025