Amundi Physical Metals plc: Gold ETC Final Terms

Amundi Physical Metals plc has finalized the terms for its Amundi Physical Gold ETC issuance. On January 15, 2025, Amundi detailed its offering under the Secured Precious Metal Linked ETC Securities Programme. This issuance of 300,000 ETC Securities, identified as Tranche 646, brings the aggregate number in the series to over 54 million.

The initial metal entitlement at the series issue date is 0.04 fine troy ounces, with the current tranche entitlement slightly lower at 0.03968878 ounces. The issue date for this tranche is set for January 17, 2025, with maturity slated for May 23, 2118.

Key partners in this issuance include HSBC Bank and others, with a total expense ratio set at 0.12% annually. The securities are slated for trading on major European stock exchanges, with expected net proceeds of USD 31.88 million.