Brief: Mongolian Mining Corp Says Announcement Of Pricing Of $4.3 Million 12.50% Senior Notes Due 2026

Mongolian Mining

07/09/2023 02:35

Sept 7 (Reuters) - Mongolian Mining  0975.HK :
    * ANNOUNCEMENT OF PRICING OF US$4.3 MILLION 12.50% SENIOR
NOTES
DUE 2026
    * UPON SETTLEMENT, ISSUERS WILL ISSUE US$180 MILLION IN
AGGREGATE
PRINCIPAL AMOUNT OF 12.50% SENIOR NOTES DUE 2026
    * ISSUERS EXPECT TO ISSUE US$175.7 MILLION PRINCIPAL AMOUNT
OF NEW
NOTES
    * OFFER PRICE OF NEW NOTES IS 97.0% OF PRINCIPAL AMOUNT OF
NEW
NOTES
    * NEW NOTES WILL BEAR INTEREST AT RATE OF 12.50% PER ANNUM
    * NEW NOTES WILL MATURE ON 13 SEPT 2026

Source text for Eikon:  ID:nHKS16DhQ6 
Further company coverage:  0975.HK 

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