NIC 3.68% 98.5¢ nickel industries limited

This is NIC's repayment schedule in USD for both series of bonds...

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    This is NIC's repayment schedule in USD for both series of bonds issued to fund ANI and ONI that I put together last year. It does not include the recent partial draw on the bank loan for ENC funding:

    NIC repayment schedule.PNG

    They intend to refinance the bonds due in April so we will hear about that in the next couple of months.

    With regards ENC funding, NIC will probably take on another partner in the project and sell a 10% or 20% stake, thereby reducing their capital commitment.
 
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