Monday, June 10, 2019 11:11:49 AM
https://largoresources.com/investors/news/press-release-details/2019/Largo-Resources-Announces-Election-to-Redeem-All-of-its-Outstanding-925-Senior-Secured-Notes/default.aspx
Largo Resources Announces Election to Redeem All of its Outstanding 9.25% Senior Secured Notes
June 10, 2019
TORONTO, June 10, 2019 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) is pleased to announce that it has elected to redeem all of its outstanding 9.25% Senior Secured Notes due 2021 (the "Notes"). The Notes will be redeemed on July 7, 2019 (the "Redemption Date") at a redemption price equal to 104.625% of the principal amount of the Notes plus accrued and unpaid interest to, but not including the Redemption Date. Largo has provided the required notice to The Bank of New York Mellon, as trustee (the "Trustee") under the indenture by and among, Largo and the Trustee dated May 22, 2018 (the "Indenture") governing the Notes and the redemption will now be effected in accordance with the terms of the Indenture.
Good Luck To All!$!$
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