ConsMin has just raised $405 million, is it for a takeover of OMH?
Consolidated Minerals Raises $405M
04-22-2011 | Source: emii.com
Consolidated Minerals
Deutsche Bank
Citigroup
Consolidated Minerals has raised $405 million through the sale of notes, Reuters reports. The senior secured notes were sold in the 144a private placement market.
The notes carry a coupon rate of 8.875% and are due to mature on May 1, 2016. The manganese ore supplier appointed Deutsche Bank and Citigroup as the joint bookrunning managers for the transaction.
No further info was given, but it's enough to put a buy on OMH
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $210.7M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 27.5¢ | $66.71K | 242.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 125400 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 29283 | 2 |
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