Barminco to redeem all $299.73 million of 9% senior notes due 2018

By Tali Rackner

Minneapolis, April 18 – Barminco Finance Pty. Ltd. called all $299,733,000 of its outstanding 9% senior notes due 2018, according to a notice.

The notes will be redeemed at par plus the applicable premium and accrued interest on May 12.

The redemption is conditioned upon the company’s successful offering of $350 million 6 5/8% senior secured notes due 2022, which is expected to close on April 26.

The Bank of New York Mellon is the paying agent.

Barminco Holdings Pty. Ltd. is a Hazelmere, Australia-based hard rock underground mining company.

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