PDN 1.27% $12.40 paladin energy ltd

Ann: Update on Bondholder Support and Financing Arrangements, page-2

  1. 7,245 Posts.
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    Bit of a sh!t sandwich this one - 75% of 2017 signed on - good
    33% of 2020 with a single entity (most likely CIC) still under negotiation - not so good

    Nedbank signed on until end of Aug but no more $$$ for LHM running costs and no more patience after Aug. so it sounds like they'll try to borrow to pay our Nedbank - but clearly that would be on horrible terms given the current situation.
 
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