NWR announces the sale of additional EUR 25 million Senior Secured Notes

New World Resources N.V. ("NWR"), Central Europe's leading hard coal and coke producer, announced today its agreement to sell an additional EUR 25 million principal amount (the “Additional Notes”) of its 7.875% senior secured notes due 2018 (the "Notes").

The Additional Notes to be issued will be entitled to the same rights and privileges, including the interest payment dates and coupon rate, as the EUR 475 million in aggregate principal amount of Notes that were issued on 27 April 2010. The sale of Additional Notes is expected to occur on or about 18 May 2010. The Additional Notes will be sold at a net purchase price of 99.5% of par value (reflecting a purchase price of 100% of par value, less applicablepurchase fees of 0.5%) plus interest since 27 April 2010, and will have a coupon rate of 7.875%. The net proceeds of the offering will be used for general corporate purposes.

 

This document is not an offer of securities in for sale nor the solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities described herein may not be offered or sold in the United States unless they are registered or exempt from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Notes of NWR have not been and will not be registered under the Securities Act and NWR does not intend to make a public offer of its securities in the United States.