Reuters logo
New Issue - Prince Mineral Holding sells $285 mln in notes
December 7, 2012 / 8:01 PM / 5 years ago

New Issue - Prince Mineral Holding sells $285 mln in notes

Dec 7 (Reuters) - Prince Mineral Holding Corp. on Friday
sold $285 million of first-lien senior secured notes in the 144a
private placement market, said IFR, a Thomson Reuters service.
    Credit Suisse and BMO were the joint bookrunning managers
for the sale.

BORROWER: PRINCE MINERAL HOLDING CORP.

AMT $285 MLN      COUPON 11.5 PCT      MATURITY 12/15/2019
TYPE SR SEC NTS   ISS PRICE 98.828     FIRST PAY 06/15/2013
MOODY'S Caa1      YIELD 11.75 PCT      SETTLEMENT 12/14/2012   
S&P SINGLE-B      SPREAD 1,072 BPS     PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS     MAKE-WHOLE CALL 50 BPS

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below