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Prospect News home > News index > List of issuers N > Headlines for Newgold, Inc. > News item
Published on 5/4/2017 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

New Gold to redeem $300 million of 7% notes due 2020 via new issue

By Susanna Moon

Chicago, May 4 – New Gold Inc. issued a call for its $300 million 7% senior notes due 2020.

Funding for the redemption will come from proceeds of $300 million principal amount of senior notes due 2025 under Rule 144A and Regulation S, according to a company announcement.

The call is contingent on the issue of new notes.

New Gold is a gold mining company based in Toronto.


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