MIN 1.79% $54.76 mineral resources limited

Ann: Proposed offering of up to US$850M Senior Unsecured Notes, page-2

  1. 7,289 Posts.
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    Pretty light on details. Points of interest for me:

    1. Is this to pay out the old notes? I assume not since they were probably raised on far better terms then this one will be.
    2. Previous raise was for $1.25bil U.S at 8.25% out to 2027 and 2030. Debt will be over $3bil U.S after this ($4.8bil AUD).
    3. Gearing starting to get on the heavy end?
    4. Money for more lithium ventures? Looking to take something over?
 
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