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Stock impact report

Eldorado Gold Announces Pricing of US$300 Million Senior Secured Second Lien Notes Offering

Eldorado Gold Corporation Ordinary Shares (EGO) 
Last eldorado gold corporation ordinary shares earnings: 4/30 05:09 pm Check Earnings Report
US:NYSE Investor Relations: eldoradogold.com/investors/default.aspx
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, May 22, 2019 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation ("Eldorado", the "Company" or "We") is pleased to announce that it has priced its offering of US$300 million aggregate principal amount of 9.5% senior secured second lien notes due 2024 (the "Notes"), which will be offered at 98% of par. The settlement date for the issue of the Notes is expected to be on or about June 5, 2019. Eldorado intends to use the net proceeds from the sale of the Notes, together with term loan proceeds incurred under its new Senior Secured Credit Facility and cash on hand, to redeem its outstanding US$600 million 6.125% Senior Notes due December 2020, and to pay fees and expenses in connection with the foregoing.  The Notes have not been registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state and may not be offered or sold absent registration under the Securities Act or an applicable exemption fro Show less Read more
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