General Announcement::Issue of Convertible Bonds to Fund Concurrent Tender Offer for 2015 Bonds

Issuer & Securities

Issuer/ Manager
PALADIN ENERGY LTD
Securities
PALADIN US$274M6%CB170430 - XS0775195562 - 2CKB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Feb-2015 07:56:05
Status
New
Announcement Sub Title
Issue of Convertible Bonds to Fund Concurrent Tender Offer for 2015 Bonds
Announcement Reference
SG150212OTHRTH63
Submitted By (Co./ Ind. Name)
Paladin Energy Ltd
Designation
Felicity Evans
Effective Date and Time of the event
12/02/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Paladin Energy Ltd (Paladin or the Company) announces that it has today launched an offering to raise US$100M of senior, unsecured convertible bonds due 31 March 2020 (Convertible Bonds) for the purpose of completing the Tender Offer (Tender Offer). In addition the Company may elect (over the next 30 days) to issue up to a further US$50M of senior, unsecured convertible bonds to existing or potential strategic partners, on the same terms.

Attachments

15.02.12_Issue_of_Convertible_Bonds_to_Fund_Concurrent_Tender_Offer_for_2015_Bonds.pdf
Total size =104K