Hycroft Mining (HYMC) announced that on October 15, it made payments totaling $125.5M to fully extinguish its remaining debt, including accrued interest. The company first repaid the outstanding $15M principal balance of its first-lien debt, along with $0.1M in accrued interest. The company then repurchased subordinated notes with an aggregate face value of $120.8M, plus approximately $0.5M in accrued paid-in-kind interest, at a 9% discount to face value for a total of $110.4M.
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