Talvivaara Mining Company has issued a 110m euro unsecured five year bond, with a 100 per cent issue price.
The bond pays a coupon of 9.75% and is callable after three years. It was issued to both Finnish and international institutional and private investors.
The proceeds of the offering will be used for refinancing and general corporate purposes, the firm said.
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Shares were trading 2.59% down at 240.9p by 15:42 on Wednesday.
NR
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