Petra subsidiary amends offer terms
Aim-listed Petra Diamonds has announced early tender results and the amendment of offer terms for its subsidiary’s invitation to buy senior secured second lien notes due 2026. On September 13, Petra’s wholly-owned subsidiary, Petra Diamonds US Treasury (PDUST) announced its invitation to offer to holders to submit tenders to sell to the offeror for cash the $336.7-million in aggregate notional principal amount of the senior secured second lien notes due 2026.