PDN 0.37% $1.37 paladin energy ltd

Most of the debt has been repaid

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    I read the above quote elsewhere on this forum.

    At 30/6/14, PDN had interest bearing loans and borrowings $686.2M plus $39.4M (total $725.6M; refer to picture at very bottom of this post)

    The current offer document states:
    therefore, it seems PDN must repay their convertible bonds (below) rather than has the right to convert them into shares at face value

    it seems PDN will still have $524mM in debt?

    or am I wrong here?

    please explain?

    thanks


    Last edited by ddzx: 18/12/14
 
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