Paladin Energy Ltd: Adjustment of the Conversion Price of Convertible Bonds
(firmenpresse) - PERTH, WESTERN AUSTRALIA -- (Marketwired) -- 08/15/13 -- Paladin Energy Ltd (TSX: PDN)(ASX: PDN) ("Paladin") today announced an adjustment of the Conversion Price in connection to the US$300M convertible bonds due November 4, 2015 and the US$274M convertible bonds due April 30, 2017 (together, the "Bonds").
Pursuant to the terms of the Bonds, the prevailing Conversion Price is subject to adjustment where any new issue of shares is at less than 95% of the Current Market Price. Following the completion of the Placement on August 12, 2013, the Conversion Prices have been adjusted as follows:
Further details on the Bonds, including definitions of terms can be found in the Convertible Bond Disclosure Notice, released on November 4, 2010 and April 30, 2012 respectively.
ACN 061 681 098
Contacts:
Paladin Energy Ltd
John Borshoff
Managing Director/CEO
+61-8-9381-4366 or Mobile: +61-419-912-571
Paladin Energy Ltd
Greg Taylor
Investor Relations
+1 905 337-7673 or Mobile: +1 416-605-5120 (Toronto)
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Unternehmensinformation / Kurzprofil:
Datum: 15.08.2013 - 12:54 Uhr
Sprache: Deutsch
News-ID 288158
Anzahl Zeichen: 0
contact information:
Town:
PERTH, WESTERN AUSTRALIA
Kategorie:
Mining & Metals
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