Obbligazioni societarie Bond NEW WORLD RESOURCES 2018 7,875% (XS0504814509) e 2021 7,875% (XS0877986231)

New World Resources - Regulatory News Announcement

The prolonged and unprecedented global pressure on both coking and thermal coal prices, the expiry of our RCF credit line and the likely downward revision of our coal resource and reserve balance (as a direct result of the deterioration in the long-term coal price outlook), triggered the Board's decision to initiate a review of NWR's capital structure on 22 January 2014.

The Company has commenced discussions with all of its stakeholders with a view to developing and implementing a capital structure that recognizes and respects the interests of all stakeholders. This includes the Company's majority shareholder, BXR, who has indicated that it and its shareholders are prepared to invest new equity capital into a revised and satisfactory capital structure. The Company has also commenced discussions to advisers to the Ad hoc Committee of note holders, who represent holders of both the EUR 500 million senior secured notes due 2018 and the EUR 275 million senior unsecured notes due 2021 (and those holders that hold both notes).
 
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New World Resources - Regulatory News Announcement

The prolonged and unprecedented global pressure on both coking and thermal coal prices, the expiry of our RCF credit line and the likely downward revision of our coal resource and reserve balance (as a direct result of the deterioration in the long-term coal price outlook), triggered the Board's decision to initiate a review of NWR's capital structure on 22 January 2014.

The Company has commenced discussions with all of its stakeholders with a view to developing and implementing a capital structure that recognizes and respects the interests of all stakeholders. This includes the Company's majority shareholder, BXR, who has indicated that it and its shareholders are prepared to invest new equity capital into a revised and satisfactory capital structure. The Company has also commenced discussions to advisers to the Ad hoc Committee of note holders, who represent holders of both the EUR 500 million senior secured notes due 2018 and the EUR 275 million senior unsecured notes due 2021 (and those holders that hold both notes).

mi sa che il conto lo paghiamo noi bondisti ...as usual :wall:
 
aggiornamento ....molto negativo ...

l'indebitamento sale a livelli non sostenibili ...
 

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