| Home : May 2012 : May 16, 2012 News : Allied Nevada Announces Senior Note Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum |
Allied Nevada Announces Senior Note Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum |
May 16, 2012
RENO, NEVADA--(Marketwire - May 16, 2012) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV)(NYSE Amex:ANV) announced today an offering of 8.75% senior unsecured notes due 2019 in an aggregate principal amount of C$400 million (the "Notes"). In connection with the offering, the Company will enter into a cross currency interest rate swap and thereby the notes will have an effective principal amount of US$400.4 million and an effective interest rate of 8.375% per annum.
http://www.marketwire.com/mw/release.do?id=1657770&sourceType=3
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