Majority Accepts Minerva Tender

Jan 29, 2013

Minerva has received acceptance from holders representing $9m (27%) of its 9.500% 2017 notes, $314m (84%) of its 10.875% 2019 notes and $317m (70%) of its 12.250% 2022 notes, it says....

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management