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Mongolian Mining Corporation Announces Early Redemption of 2026 Senior Notes

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Mongolian Mining ( (HK:0975) ) just unveiled an update.

Mongolian Mining Corporation announced the early redemption of its 12.50% guaranteed senior notes due 2026. The company plans to redeem all outstanding notes in full by April 15, 2025, using internal resources, which will result in the cancellation of the redeemed notes. This move is likely to impact the company’s financial strategy and stakeholder interests by reducing its debt obligations.

More about Mongolian Mining

Mongolian Mining Corporation is a company incorporated in the Cayman Islands, focusing on the mining industry. It is listed on the Hong Kong Stock Exchange and is involved in the issuance and management of financial securities.

YTD Price Performance: -19.44%

Average Trading Volume: 4,689

Technical Sentiment Signal: Buy

Current Market Cap: $752.8M

For detailed information about 0975 stock, go to TipRanks’ Stock Analysis page.

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