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26 Sep

MinRes to raise $850m via senior unsecured notes

Australian miner Mineral Resources (MinRes) announced on Tuesday a proposal to raise up to $850 million for capital expenditures, Kallanish notes.   The plan is to offer up to an aggregate principal amount of $850 million of senior unsecured notes due in 2028. This is, however, subject to market and other conditions. Cash proceeds would be used for general corporate purposes, including for capital expenditures. The notes will be guaranteed by certain wh…
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Siew Mung Tan  |  Malaysia
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