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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Capricorn Metals Ltd | TG:MGM | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.86 | 2.80 | 2.86 | 0.00 | 13:15:54 |
From Jun 2019 to Jun 2024
DOW JONES NEWSWIRES
MGM Mirage (MGM) will be buying back $884.9 million in senior notes maturing later this year as the results of its $1.05 billion tender offer matched the levels at the early-tender deadline two weeks ago.
Since then, another $2.3 million of notes were tendered. Those not meeting the early-tender deadline will get $30 less per $1,000 of notes.
The company will repurchase 54% of the $226.3 million of outstanding notes maturing July 31 and 93% of $820 million in notes due Oct. 1. The purchases will be settled no later than Thursday.
The highly leveraged casino operator is pushing to pay off near-term debt, recently selling $1.5 billion in notes and $1.15 billion in stock to help do so.
Shares were flat at $7.04 in recent trade; the stock is down 49% this year.
-By Joan E. Solsman, Dow Jones Newswires; 201-938-5500; joan.solsman@dowjones.com
1 Year Capricorn Metals Chart |
1 Month Capricorn Metals Chart |
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