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Paladin launches major debt restructure

Uranium miner hands out paper to sidestep $212m in repayments

Alex Hamer
No sale: Paladin says its Chinese buyer has dragged its feet too long on Langer Heinrich

No sale: Paladin says its Chinese buyer has dragged its feet too long on Langer Heinrich

The uranium miner will exchange US$326 million in bonds maturing in April and 2020 for a package of bonds for 2022 and 2024 and $145 million worth of $0.04 shares.  The proposal would mean cancelling...

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