RNS Number : 4379Z
New World Resources N.V
22 September 2009
NWR announces invitation to tender its Senior Notes
Amsterdam (22 September 2009) - New World Resources N.V. ('NWR' or the 'Company') today announced that it has commenced an invitation to tender its outstanding 7.375% Senior Notes (the 'Notes') for cash.
The aggregate principal amount of Notes (if any) to be purchased by the Company will be an amount to be determined by the Company up to EUR 45 million in aggregate principal amount. All the Notes tendered and accepted for purchase will be cancelled in connection with their purchase by the Company.
The purpose of the invitation to tender is to reduce the principal amount of NWR's outstanding indebtedness and ongoing expenses in servicing its debt obligations.
This press release does not constitute the solicitation of an offer to buy any securities. The invitation for tenders of Notes is not being made in the United States or Italy or to persons located or resident in the United States or Italy. Tenders of Notes made by a person located or resident in the United States or Italy, or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal located or resident in the United States or Italy will not be accepted.
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For further information please contact:
New World Resources N.V.
Investor Relations
Tel: +31 20 570 2270
Email: ir@nwrgroup.eu
Corporate Communication
Tel: +420 225 282 163
Email: petra.masinova@okd.cz
Website: www.newworldresources.eu
This information is provided by RNS
The company news service from the London Stock Exchange
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