Fixed Income Investors

In May 2015, Petra Diamonds Limited issued US$300 million in aggregate principal amount of senior secured second lien notes due 2020.

Issue Summary

 

Issue size US$300 million
Currency US Dollar
Coupon 8.25%
Listing Global Exchange Market of the Irish Stock Exchange
Issuance Date 13 May 2015
Date of Maturity 31 May 2020
Interest payment dates Payable semi-annually in arrears on 31 May and 30 November of each year
Issuer Petra Diamonds US$ Treasury Plc, a wholly-owned subsidiary of Petra Diamonds Limited
Guarantor Petra Diamonds Limited, Petra Diamonds UK Treasury Limited and certain of PDL’s subsidiaries that were already obligors under existing senior credit facilities

Corporate Credit Ratings

 

Petra’s current credit ratings from Standard & Poor’s and Moody’s are shown in the table below (as at 15 February 2016):

Agency Company Rating Notes Rating Outlook Publishing Date
Standard & Poor’s B+ B+ Negative 15 February 2016
Moody’s B2 B1 Stable 27 April 2015

Contacts

John Wright, Barclays: john.c.wright@barclays.com
Chris Sakara, RBC: chris.sakara@rbccm.com