E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers N > Headlines for Northland Resources AB > News item
Published on 1/15/2015 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Northland Resources bondholders to receive $17.68 million distribution

By Caroline Salls

Pittsburgh, Jan. 15 – Northland Resources AB’s 11% super senior secured bond trustee Nordic Trustee ASA said $17.68 million will be distributed to bondholders on Jan. 21 from an escrow account.

According to a notice to bondholders from the trustee, the distribution will be made to holders of record as of the close of business on Jan. 19.

Northland is a Luxembourg-based producer of iron ore concentrate.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.