MP Materials Corp. / DE (MP) bonds
MPNYSEMetal MiningFiscal year ends December 31
$37.45+0.72 (+1.96%)
Close on Nov 12, 2026Market cap $6.67BP/E –Yield –
Debt
Borrowings on the balance sheet, Sep 30, 2026
Total debt
$936.25M
$0 due within a year
Net debt
$675.92M
After $260.34M of cash
Implied interest rate
3.30%
FY2025 interest ÷ average debt
Interest coverage
-4.7×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
Notes and loans outstanding
As tagged in MP Materials Corp. / DE's 10-Q for the period ended Jun 30, 2026
| Issue | Coupon | Matures | Amount issued | Carrying value |
|---|---|---|---|---|
| Convertible Notes due 2026 Convertible at $44 a share | 0.25% | 2026 | $690.00M | $0 |
| Convertible Notes due 2030 Convertible at $22 a share | 3.00% | 2030 | $747.50M | $862.79M |
| Samarium Project Loan | 5.38% | – | $150.00M | $150.00M |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-Q.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size | Available |
|---|---|---|
| Letter of Credit | $200.00M | $128.00M |
| MP Non-revolving Credit Facility | $40.00M | $10.90M |
| Revolving Credit Facility | $275.00M | $203.00M |
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