SBM 0.00% 33.0¢ st barbara limited

News: SBM St Barbara ltd to buy back US$33 million of senior secured notes

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    Nov 18 (Reuters) - St Barbara Ltd (SBM) :

    • Repurchase will be achieved via a notice of redemption administered by trustee
    • Notes will be repurchased at a 3.3% premium to par value
    • Applying its strong liquidity to further reduce debt
    • Note repurchase will reduce future interest expense by approximately a$3.9 million per annum
    • st barbara to buy back us$33 million of senior secured notes

 
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