Barminco to redeem all 6 5/8% notes due 2022 at 103.313

Chicago, May 2 – Barminco Finance Pty. Ltd. has elected to redeem all of its $350 million 6 5/8% senior secured notes due 2022, according to a notice.

The notes will be redeemed on June 1 at a redemption price of 103.313% plus accrued and unpaid interest up to the redemption date.

The redemption is conditioned upon the completion of the successful offering of $500 million of guaranteed senior notes by Ausdrill Finance Pty. Ltd.

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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