Paladin Energy Limited Announces Cancellation of Senior Secured Notes
May 19, 2021 at 07:13 am EDT
Paladin Energy Limited advised that following completion of its recent equity raising, Paladin has now successfully completed the cancellation of all of the senior secured notes that were previously on issue. The cancellation of the senior notes completes the reset of Paladin's capital structure and significantly improves the Company's financial flexibility in the lead up to any decision to restart uranium mining operations at the Langer Heinrich mine.