New World Resources Plc (NWRR.L)
24 Nov 2014
|Market Cap (Mil.):||£89.72|
|Shares Outstanding (Mil.):||6,659.18|
WARSAW - Poland's JSW, the EU's largest coking coal miner, might have to sell some non-core assets if unions block its efforts to cut costs in response to low global coal prices, its chief executive told Reuters.
PRAGUE, Sept 10 - Shares in Czech coal miner New World Resources (NWR) plunged to a record low on Wednesday after shares for a rights issue were admitted for listing as a part of its capital restructuring plan.
* Bondholders forced to accept losses, shareholders diluted (Adds details of transaction, updates prices)
* Small bondholders unhappy with offered terms (Adds comments from two holders of debt, updates prices)
* Revision accepted by 62 pct senior secured noteholders, 37 pct unsecured