Brief: Polymet Restructures Glencore Debt

Polymet Mining

26/03/2018 13:27

March 26 (Reuters) - Polymet Mining Corp  POM.TO :
    * POLYMET RESTRUCTURES GLENCORE DEBT
    * POLYMET MINING CORP - SECURES COMMITMENT FOR ADDITIONAL
$80
MILLION IN DEBENTURES
    * POLYMET MINING - TERMS OF REFINANCING AGREEMENT EXTENDS
TERM OF
$152 MILLION OF SECURED CONVERTIBLE, NON-CONVERTIBLE DEBENTURES
TO MARCH 31, 2019
    * POLYMET MINING - CO'S UNIT NEGOTIATED 12-MONTH PAYMENT
EXTENSION
& REDUCTION IN INTEREST RATES ON ABOUT $152 MILLION OF DEBT OWED
TO GLENCORE AG

Source text for Eikon:  ID:nBw1cXy94a 
Further company coverage:  POM.TO 

 (Reuters.Brief@thomsonreuters.com)