Bond loan
In March 2011 Dannemora Mineral issued a five year senior secured bond loan of USD 120 million. Below a short description of the loan terms and the bond agreement.
Loan amount USD 120 million
Fixed coupon rate 11,75 %
Semi annual interest payments
Bullit repayment 22 March 2016
Call option after two, three and four years at a rate of 106, 104 and 102 per cent respectively
Securities, see bond agreement section 8
ISIN code NO 0010601198
Trading - Oslo ABM www.osloabm.no
Trustee - Norsk Tillitsmann ASA
The company´s manager - First Securities AS
Bond agreement
Download Bond agreement here