NRW raises funds to retire debt

NRW Holdings plans to raise up to $A70 million through a senior secured corporate note offering to refinance its secured debts and give it additional liquidity.

NRW raises funds to retire debt NRW raises funds to retire debt NRW raises funds to retire debt NRW raises funds to retire debt NRW raises funds to retire debt

With a minimum target of $60 million, the fixed-rate medium-term notes will be valued at $1000 each and offered to sophisticated investors, subject to a minimum initial subscription parcel of $50,000.