Sirius Minerals suspends US$500 million bond

Published by Nicholas Woodroof, Editor
World Fertilizer, Wednesday, 07 August 2019 09:30

Sirius Minerals has decided to suspend the proposed offer by its wholly owned subsidiary of US$500 million of senior secured notes due 2027 previously announced by RNS on 19 July 2019 due to current market conditions.

The company intends to revisit the market when conditions have improved later this quarter.

The proceeds of the offering were intended to be used, together with proceeds from the other elements of the Stage 2 Financing, to fund the construction and development of a polyhalite mine, located in North Yorkshire in the UK.

Read the article online at: https://www.worldfertilizer.com/project-news/07082019/sirius-minerals-suspends-us500-million-bond/

Petrobras approves start of reactivation of fertilizer factory in Araucária

Friday 19 April 2024 09:32

The Executive Board of Petrobras unanimously approved the initial measures for the revitalisation and future resumption of operations at the fertilizer factory Araucária Nitrogenados S/A – ANSA, a wholly-owned subsidiary of the company. The plant, located in Paraná, has been in hibernation since 2020. ?

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