New Gold (NGD) said Friday that holders submitted roughly $288.8 million worth of its 7.5% notes due 2027 by the March 13 deadline.
The company said this amount accounts for just over 72% of the $400 million total, excluding those filed under guaranteed delivery procedures.
All valid submissions are expected to be settled on March 18, including guaranteed deliveries, New Gold said.
Funds for the purchase will come from the company's new $400 million issue of 6.875% notes maturing in 2032, also closing March 18.
The company's shares were up more than 2% in recent Friday premarket activity.
Price: 3.30, Change: +0.07, Percent Change: +2.17
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。