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Mongolian Mining ( (HK:0975) ) has shared an update.
Mongolian Mining Corporation has announced the pricing of US$350 million in 8.44% guaranteed senior notes due in 2030. The proceeds from this issuance will be used to repurchase or redeem existing 2026 notes and for general corporate purposes. The notes will be listed on the Singapore Exchange Securities Trading Limited, although they will not be offered to the public in Hong Kong or the United States. This strategic financial move is expected to impact the company’s capital structure and liquidity, potentially enhancing its market position and operational flexibility.
More about Mongolian Mining
Mongolian Mining Corporation is a company incorporated in the Cayman Islands, primarily involved in the mining industry. It focuses on the extraction and sale of mining products, with a market presence that includes international stakeholders.
YTD Price Performance: -14.33%
Average Trading Volume: 3,828
Technical Sentiment Signal: Buy
Current Market Cap: $794M
See more data about 0975 stock on TipRanks’ Stock Analysis page.