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Published on 11/15/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Uranium One to buy back convertible unsecured subordinated debentures

By Devika Patel

Knoxville, Tenn., Nov. 15 - Uranium One Corp. said it will repurchase at least 90% of its convertible unsecured subordinated debentures due March 13, 2015. The company will repurchase the securities at 101 plus interest up to, but not including, Jan. 2.

Holders who tender their debentures by 5 p.m. ET on Dec. 30 will receive payment on Jan. 2.

Uranium One is a uranium producer based in Toronto with assets located in Kazakhstan, the United States, South Africa and Australia.


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