07:23:18 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Northern Blizzard Resources Inc
Symbol NBZ
Shares Issued 101,810,771
Close 2014-09-02 C$ 18.70
Market Cap C$ 1,903,861,418
Recent Sedar Documents

Northern Blizzard closes $148-million (U.S.) redemption

2014-09-02 19:11 ET - News Release

Mr. John Rooney reports

NORTHERN BLIZZARD COMPLETES PARTIAL REDEMPTION OF ITS SENIOR NOTES

Northern Blizzard Resources Inc. has completed the optional redemption of $148.75-million (U.S.) principal amount of its $425-million (U.S.) 7.250-per-cent senior notes due 2022. The notes were redeemed in accordance with their terms at a redemption price of $1,072.50, plus accrued and unpaid interest to (but excluding) the redemption date, per $1,000 principal amount of notes redeemed. The total redemption price for the entire portion of the notes redeemed, including accrued interest, was approximately $160.5-million (U.S.), which was financed with a portion of the net proceeds from Northern Blizzard's recently completed initial public offering.

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