Baffinland Iron Mines Corp. and Baffinland Iron Mines LP today announced that they have commenced a consent solicitation with respect to proposed amendments to the indenture, dated as of June 27, 2018 governing the Issuers' 8.750% senior secured notes due 2026 as described below. Consent Solicitation Subject to the terms and conditions described [...]
Siskinds, LLP Did you tender securities of Baffinland Iron Mines Corp. to the take-over bid or otherwise dispose of Baffinland securities on or after January 14, 2011? A settlement has been reached in the certified class action against Baffinland and other defendants. The class action alleges misrepresentations, oppression and other causes of [...]
IQALUIT, Nunavut, June 25, 2018 /PRNewswire/ -- Baffinland Iron Mines Corp. and Baffinland Iron Mines LP announced that they expect to satisfy the conditions for their previously announced cash tender offer and consent solicitation with respect to their outstanding $350.0 million aggregate principal amount of 12.00% Senior Secured Notes due 2022 on [...]
IQALUIT, Nunavut, June 20, 2018 /PRNewswire/ -- Baffinland Iron Mines Corp. and Baffinland Iron Mines LP previously announced that they commenced a cash tender offer with respect to any and all of their outstanding $350.0 million aggregate principal amount of 12.00% Senior Secured Notes due 2022 and a consent solicitation related to the adoption of [...]
IQALUIT, Nunavut, June 6, 2018 /PRNewswire/ -- Baffinland Iron Mines Corp. and Baffinland Iron Mines LP announced today that they have commenced a cash tender offer to purchase any and all of the Issuers' 12.00% Senior Secured Notes due 2022 , having an aggregate outstanding principal amount of $350.0 million . In conjunction with the Tender Offer [...]
OAKVILLE, ON, Oct. 18, 2017 /CNW/ - Baffinland Iron Mines Corp. (Baffinland) announced today the conclusion of its 2017 open-water shipping program. From August 2 to October 17, Baffinland shipped approximately 4.1 million tonnes of iron ore from its Milne Inlet Port to markets in Germany, the United Kingdom, and Japan. Fifty-six panamax vessels [...]
IQALUIT, Dec. 8, 2016 /CNW/ - Baffinland Iron Mines Corp. (the "Company"), today announced its intention to commence an offering (the "Offering"), subject to market conditions and other factors, of up to $350 million of new 5 year Senior Secured Notes (the "Notes") to be co-issued by Baffinland Iron Mines LP. The net proceeds of the Offering will [...]