The junk-rated miner said last week its bondholders approved the changes after months of talks to tackle more than $3 billion of bonds maturing in 2024 and 2025. Under the deal, the company will pay $779 million upfront, with the remaining principal extended by as much as four years.
The junk-rated miner said last week its bondholders approved the changes after months of talks to tackle more than $3 billion of bonds maturing in 2024 and 2025. Under the deal, the company will pay $779 million upfront, with the remaining principal extended by as much as four years. The junk-rated miner said last week its bondholders approved the changes after months of talks to tackle more than $3 billion of bonds maturing in 2024 and 2025. Under the deal, the company will pay $779 million upfront, with the remaining principal extended by as much as four years. Moneycontrol Latest News Read More
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