Mirabela prices US$395 million senior unsecured notes offering

Mirabela Nickel Limited has today priced an offering of US $395 million of 8.75% senior unsecured notes due in 2018.

The press release is quoted as saying,

The net proceeds from the offering will be deposited into an escrow account pending the satisfaction of certain conditions relating to the completion of the refinancing of Mirabela’s existing indebtedness and hedging arrangements prior to 29 April 2011.

For the complete press release, click here.