04:33 AM EST, 02/07/2025 (MT Newswires) -- Embraer ( ERJ ) said Friday its subsidiary, Embraer Netherlands Finance has priced a $650 million bond offering with a 5.980% interest rate, due in 2035.

The notes are expected to be listed on the New York Stock Exchange, with closing anticipated on Feb. 11.

Embraer ( ERJ ) said it will use the proceeds to buy back outstanding 5.400% notes due 2027 and up to $150 million of 6.950% notes due 2028 through tender offers. The company plans to use the remaining funds for general corporate purposes