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Published on 11/26/2013 in the Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

EM-focused Uranium One to sell $350 million senior notes due 2018

By Christine Van Dusen

Atlanta, Nov. 26 - Canada-based but emerging markets-focused Uranium One Inc. is looking to issue $350 million non-convertible senior notes due in 2018, according to a company announcement.

Deutsche Bank, Sberbank and Societe Generale are the bookrunners for the Rule 144A and Regulation S deal.

The proceeds will be used to repurchase existing convertible debentures and for general corporate purposes.

The Toronto-based issuer is a uranium mining company with operations in Kazakhstan, South Africa, Australia and the United States.


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