Perenti to repay some syndicated facility debt with notes proceeds

By Sara Rosenberg

New York, April 18 – Perenti Finance Pty Ltd. plans to partially repay amounts drawn under its syndicated facility using a portion of the proceeds from a $350 million senior notes offering, according to a market source.

Remaining proceeds from the notes will be used to redeem $230 million of the company’s outstanding $433 million 6˝% senior notes due 2025.

Perenti is an Australia-based diversified global mining services group.

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