Golden Energy redeems remaining $28.69 million 8½% notes due 2026

By Marisa Wong

Los Angeles, Dec. 29 – Singapore’s Golden Energy and Resources Ltd. issued a notice that it redeemed all of its remaining outstanding $28,692,000 8½% senior secured notes due 2026 (ISIN: XS2342227597) on Dec. 28.

As previously reported, the company had conducted an offer in November to exchange its $357 million of existing 2026 notes for 8½% senior secured notes due 2027 (ISIN: XS2551811651). The company accepted $346,308,000 of the 2026 notes for exchange, leaving $28,692,000 outstanding.

The remaining notes were redeemed at a make-whole price, according to Tuesday’s notice.

The notes were canceled, and there are no more outstanding notes in the series.

Golden Energy is a Singapore-based coal miner operating in Indonesia.

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