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Prospect News home > News index > List of issuers D > Headlines for Dannemora Mineral AB > News item
Published on 1/10/2014 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Dannemora Mineral unit receives SEK 21 million of bridge financing

By Caroline Salls

Pittsburgh, Jan. 10 - Dannemora Mineral AB subsidiary Dannemora Magnetit AB received SEK 21 million of bridge financing on Thursday in the form of a super senior bond issue due Feb. 19, according to a news release.

The company said the bridge financing will be used to finance the working capital needs of the Dannemora group while it continues to explore possible long-term financing solutions.

Dannemora is an iron ore producer based in Danderyd, Sweden.


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