24th Nov 2021 19:07
Petropavlovsk PLC - gold miner in Russia - Subsidiary Petropavlovsk 2016 launches an offer to purchase up to USD60 million of its 8.125% guaranteed notes due 2022.
Purchase price stands at USD1,035 per USD1,000 in principal amount. The notes have an outstanding principal amount of USD364.3 million.
GPB-Financial Services Ltd will act as dealer manager for tender offer and Citibank NA as tender and tablulation agent.
Current stock price: 20.28 pence
Year-to-date change: down 38%
By Dayo Laniyan; [email protected]
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