New World Resources Plc and New World Resources N.V. (NWR.L) jointly announced the pricing of 275 million euros senior notes due 2021. The notes will be issued at par with a coupon of 7.875%. Closing of the issuance of the notes is expected to occur on 23 January 2013.
The net proceeds will be used to repay in full the outstanding amounts under the company’s 258 million euros principal amount of senior notes due 2015, and for fees, expenses and general corporate purposes.
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by RTT Staff Writer
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