21 Apr

Bond Restructuring Proposal – Afferro Mining Inc.

International Mining & Infrastructure Corporation plc (AIM: IMIC), the Company focused on unlocking the value of iron ore in Africa, is pleased to announce that its 100 per cent. owned Canadian subsidiary, Afferro Mining Inc., formerly Afferro Holdings Ltd., (“Afferro”), has invited the holders ("Bondholders") of its US$20 million 8.875 per cent. bond due to mature in 2016 (the Bond) to approve a proposal to modify certain terms and conditions constituting the Bond (the “Proposals”), in line with those announced on 17 April 2015 in connection with certain other outstanding bonds.

Full announcement...