Brief: Siberian Mining Group Co Receives Demand Letter From Of Daily Loyal

Eandp Global Holdings

12/03/2018 09:58

March 12 (Reuters) - Siberian Mining Group Co Ltd  1142.HK :
    * RECEIVED DEMAND LETTER FROM LEGAL ADVISERS OF DAILY LOYAL
ON 6
MARCH 2018
    * ‍ DEMAND LETTER ASKS CO TO REPAY US$297.4 MILLION TOGETHER
WITH
ANY INTEREST ACCRUED IN FULL AND IN CASH ON OR BEFORE 3 APRIL
2018​
    * CURRENT OUTSTANDING PRINCIPAL AMOUNT OF THIRD CONVERTIBLE
NOTE
IS US$400.4 MILLION & MATURITY DATE OF REPAYMENT IS APRIL 3

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS536bbm
Further company coverage:  1142.HK 

 ((Reuters.Briefs@thomsonreuters.com;))