$15 principal to be paid plus all outstanding interest and still left with $35.9m in cash.
Outstanding result imho....
"In line with the improved cash flow, Lynas expects that the restricted accounts associated with its loan facilities will be closed over the coming months. Repayment of the restricted cash to the lenders will have several benefits for Lynas as follows: (i) US$15 million will be repaid to JARE as a principal repayment, (ii) the balance of the JARE restricted cash will be used to fully discharge interest liabilities due to JARE from October 2014 to December 2015, and (iii) the convertible bond restricted cash will be used to fully repay interest liabilities due to the convertible bondholders from October 2014 to December 2015."
Wow!!
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.02 |
Change
0.260(3.35%) |
Mkt cap ! $7.496B | |||
| Open | High | Low | Value | Volume |
| $7.75 | $8.02 | $7.75 | $43.38M | 5.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.02 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |