Turquoise Hill Resources Ltd completes rights offering


Wednesday, 8 Jan 2014 08:28am EST 

Turquoise Hill Resources Ltd:Says the completion of its rights offering, which expired on Jan. 7.Says it will receive gross proceeds of about US$2.4 bln from the rights offering.Says the company intends to use the net proceeds from the rights offering to repay all amounts that will be outstanding under its US$1.8 bln interim funding facility and its secured US$600 mln bridge facility with Rio Tinto, and for general purposes. 

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