7th May 2015 06:54
LONDON (Alliance News) - Petra Diamonds PLC on Thursday announced the pricing for its USD300 million notes issue.
FTSE 250-listed Petra said interest on the USD300 million of senior secured second-lien notes due 2020 will accrue at 8.25% per year, payable semi-annually.
Petra expects the issue to close on or around May 13, subject to the customary conditions for this type of issue.
By Sam Unsted; [email protected]; @SamUAtAlliance
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