Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh (AU:CRN) has released an update.
Coronado Global Resources Inc. has successfully priced a $400 million senior secured notes offering through its subsidiary, Coronado Finance Pty Ltd. The notes, bearing a 9.250% interest rate and due in 2029, are backed by key company assets and will primarily fund the redemption of existing notes and general corporate needs. The anticipated closing date for this offering, which is subject to customary conditions, is October 2, 2024.
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