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International bonds: New World Resources, 7.875% 1may2018, EUR (XS0504814509)

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Status
Early redeemed
Amount
500,000,000 EUR
Placement
***
Early redemption
*** (-)
ACI on
Country of risk
Czech Republic
Current coupon
-
Price
-
Yield / Duration
-
Calculate in two clicks! yield, duration and other parameters
Calculate in two clicks! yield, duration and other parameters
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  • Placement amount
    500,000,000 EUR
  • Outstanding amount
    500,000,000 EUR
  • Minimum Settlement Amount
    50,000 EUR
  • ISIN RegS
    XS0504814509
  • Common Code RegS
    050481450
  • CFI RegS
    DYFXXR
  • FIGI RegS
    BBG0000RG8K2
  • SEDOL
    B662XG8
  • Ticker
    NWRLN 7.875 05/01/18 REGS

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Issue information

Profile
New World Resources N.V. (""NWR"") produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR is ...
New World Resources N.V. (""NWR"") produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR is strategically located within Central Europe and supplies to a blue chip customer base in the region. Our major customers include Arcelor Mittal Steel, U.S. Steel, voestalpine, Moravia Steel, ČEZ, Dalkia, Verbund and Dunaferr. The Company has 407 million tonnes of JORC reserves. Headquartered in the Netherlands, NWR employs over 18,950 people led by a world-class management team and Board with global and regional experience. At present NWR mines in the Czech Republic and has two development projects in Poland, which form part of our regional growth strategy.
  • Borrower
    Go to the issuer page
    New World Resources
  • Full borrower / issuer name
    New World Resources
  • Sector
    Corporate
  • Industry
    Coal Mining
Volume
  • Placement amount
    500,000,000 EUR
  • Outstanding amount
    500,000,000 EUR
Face value
  • Minimum Settlement Amount
    50,000 EUR
  • Outstanding face value
    *** EUR
  • Increment
    *** EUR
  • Face value
    1,000 EUR
Listing
  • Listing
    ***

Cash flow parameters

  • Reference rate
    ***
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***
  • Early redemption date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

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bonds globally

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80 000

stocks

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Placement

  • Placement method
    Open subscription
  • Placement
    *** - ***
  • Initial issue price (yield)
    (***%)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    The estimated net proceeds from the offering of Notes was approximately EUR 488 million after deducting the Initial Purchasers’ discount and offering expenses incurred by the Issuer. The Issuer used the net proceeds from the offering of Notes together with cash on hand, to repay in full the Senior Secured Facilities, in an amount of approximately EUR 649 million. The Group may also use available cash to pay termination costs arising in the event it terminates certain of its interest rate hedges originally entered into in connection with the Senior Secured Facilities. The Issuer made an inter-company loan to OKD to facilitate the repayment of the Senior Secured Facilities.
Participants
  • Bookrunner
    ***, ***, ***

Conversion and exchange

  • Conversion terms
    ***

Additional information

Latest issues

Identifiers

  • ISIN RegS
    XS0504814509
  • ISIN 144A
    ***
  • CUSIP RegS
    ***
  • CUSIP 144A
    ***
  • Common Code RegS
    050481450
  • Common Code 144A
    050481476
  • CFI RegS
    DYFXXR
  • CFI 144A
    DYFXXR
  • FIGI RegS
    BBG0000RG8K2
  • FIGI 144A
    BBG0000RKMJ8
  • WKN RegS
    A1AWPB
  • WKN 144A
    A1AWSK
  • SEDOL
    B662XG8
  • Ticker
    NWRLN 7.875 05/01/18 REGS
  • Type of security by CBR
    ***

Bond classification

  • Rank: Undefined
  • Registered
  • Coupon bonds
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • Variable rate
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Guaranteed
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

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