New Gold Announces Expiration and Results of its Tender Offer for its 7.50% Senior Notes due 2027
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New Gold Inc. announced the expiration and results of its tender offer for its 7.50% Senior Notes due 2027. The offer, which began on March 4, 2025, expired on March 13, 2025.
March 14, 2025 | 10:45 am
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New Gold Inc. completed its tender offer for 7.50% Senior Notes due 2027, which may impact its debt structure and financial flexibility.
The completion of the tender offer for the 7.50% Senior Notes due 2027 indicates a strategic move by New Gold to manage its debt. This could improve financial flexibility but does not directly impact stock price in the short term.
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