Parties
Company
Mountain Province Diamonds Inc.
Company
Mountain Province Diamonds Special Committee
Mountain Province Diamonds Inc. has completed its previously announced refinancing transaction involving the issuance of approximately $267 million (US$195 million) aggregate principal amount of its 9.000% Senior Secured Second Lien Notes due 2025. Mountain Province repaid the remaining balance of the existing notes at maturity with cash on hand.
Bennett Jones acted as legal counsel to Mountain Province Diamonds with a team led by Sander Grieve (Mining and Capital Markets) and Oliver Loxley (Debt Capital Markets).
Deal Type
Financing/InvestmentIndustry
MiningTransaction
$ 266,794,125Deal Status
ClosedClosing Date
15 December 2022