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Tuesday 22 September, 2009

New World Resour NV

Invitation to tender Senior N

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.

- Ends -

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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