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Petra Diamonds : Preliminary Results for the year ended 30 June 2021 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Petra Diamonds Ltd - Completion of the Restructuring PR Newswire Completion of the Restructuring Introduction The Company is delighted to announce that it has today completed the implementation of the recapitalisation of the Group (the Restructuring ) initially announced on 20 October 2020. The key features of the Restructuring are as follows: partial reinstatement of the Notes debt and the contribution by holders of the existing Notes of US$30.0 million in New Money, each taking the form of new senior secured second lien notes (the New Notes ). The New Notes amount to approximately US$337.0 million (including the New Money and fees paid as part of the transaction in New Notes); ....
Petra Diamonds Ltd - Scheme Meeting Results PR Newswire Proposed Scheme of Arrangement of Petra Diamonds US$ Treasury Plc Scheme Meeting Results Approval of the Scheme of Arrangement at the Scheme Meeting Further to the announcement issued by the Company on 10 December 2020, a meeting of the holders of the Company s Notes was convened for today (the Scheme Meeting ) to vote on the Scheme proposed by Petra Diamonds US$ Treasury Plc in connection with the Restructuring. The Company is pleased to announce that the Scheme was approved by the requisite majority of Scheme Creditors at the Scheme Meeting (being a majority in number, representing at least 75 per cent. in value of the Scheme Creditors present and voting). ....