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Prospect News home > News index > List of issuers N > Headlines for New World Resources NV > News item
Published on 5/4/2015 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

New World Resources makes coupon payment in kind for toggle notes

New York, May 4 – New World Resources NV said it made the May 1 coupon payment for its 8%/9%/11% senior secured PIK toggle notes due 2020 in kind.

The company issued an additional €16.5 million of notes to investors, according to a notice from the company.

New World Resources is an Amsterdam-based central European coal producer with operations in the Czech Republic.


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