Perth nickel miner Western Areas has made a $ 95 million repayment of convertible bond debt from its existing cash reserves, with a $ 125 million
bond repayment still remaining.
Not exact matches
A similar agreement was reached eight years later with the Paris Club of creditor nations (the last remaining Argentine debt
still in default besides
bonds held by holdouts) on debt
repayment totaling $ 9 billion including penalties and interest.
Typically, firms that have run into trouble and have seen their debt rating fall
still have better credit prospects and debt
repayment abilities than firms that are originally in the junk tier of the
bond market.