dear oh dear.
Lynas Corporation Limited (“Lynas”) (ASX:LYC, OTC:LYSDY) has decided to cease negotiations
with Nomura regarding a novation and amendment of Lynas’ existing senior debt facility. Instead,
Lynas remains engaged with existing and potential financiers and investors regarding:
(1) a restructure of its existing debt facilities;
(2) potential additional facilities; and
(3) other investment opportunities.
Each of those alternatives will require the consent of the existing senior financier, with whom Lynas
continues to be engaged in constructive discussions.
Ann: Debt Facilities Update, page-3
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