Business
Uranium One Announces $350 Million Non-Convertible Senior Secured Notes Offering
/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, TO ANY PERSON LOCATE...
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n/NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,\n TO ANY PERSON LOCATED OR RESIDENT IN OR INTO JAPAN OR AUSTRALIA OR IN\n ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS\n ANNOUNCEMENT/\n\n\nTORONTO, Nov. 26, 2013 /CNW/ - Uranium One Inc. (\"Uranium One\") announced today that its 100% owned subsidiary Uranium One\n Investments Inc. (the \"Issuer\") intends to offer for issue and sale, subject to market conditions and\n applicable law, $350 million aggregate principal amount of\n non-convertible Senior Secured Notes due 2018 (the \"Notes\") in a private placement to qualified institutional buyers pursuant to\n Rule 144A under the Securities Act of 1933, as amended, and outside the\n United States to certain non-U.S. persons pursuant to Regulation S\n under the Securities Act of 1933, as amended (the \"Offering\").\n\n\nThe Notes will be guaranteed by Uranium One and certain of its\n subsidiaries.  The net proceeds of this offering will be made available\n to its affiliates for the repurchase of existing convertible debentures\n of Uranium One in connection with an offer to repurchase such\n debentures recently made by Uranium One, and for general corporate\n purposes.\n\n\nThe initial purchasers will be Deutsche Bank AG, London Branch, SIB\n (Cyprus) Limited (a subsidiary of Sberbank), and Société Générale.\n\n\nThe Issuer has applied to list the Notes on the Official List of the\n Luxembourg Stock Exchange and for admission to trading on the Euro MTF\n Market.\n\n\nAbout Uranium One\n\n\nUranium One is one of the world's largest uranium producers with a\n globally diversified portfolio of assets located in Kazakhstan, the\n United States, Australia and Tanzania. JSC Atomredmetzoloto and its\n affiliates own 100% of the outstanding common shares of Uranium One.\n\n\nImportant Regulatory Notice\n\n\nThe Notes have not been registered under the Securities Act of 1933, as\n amended (the \"Securities Act\"), or applicable state securities laws.\n Accordingly, the Notes will be offered only to qualified institutional\n buyers and to persons outside the United States in reliance on Rule\n 144A and Regulation S under the Securities Act, respectively. Unless so\n registered, the Notes may not be offered or sold in the United States\n except pursuant to an exemption fro...