Coal miner TerraCom fires up A$63 million restructuring plan – MINING.com

Australian coal producerTerraCom (ASX:TER)has rolled out a A$63 million (about $44m) restructuring plan, consisting of a A$35-million capital raise and a $20-million convertible bond to support its growth ambitions. The company, which has two operating mines in Queensland and Mongolia, is launching a fully underwritten entitlement offer priced at 58c per share to raise an…

Debenhams cleared to press on with transformation, after CVA proposals win creditor backing – InternetRetailing

Debenhams redesigned beauty hall in its new-look Watford store Debenhams is set to embark on a store closure and business restructuring programme after it won backing from its landlords for a CVA programme that will see it close 22 stores next year. The vote to approve the CVA arrangements was passed yesterday by more than…

TerraCom targets expansion opportunities with restructuring – Australian Mining

Image: TerraCom Resources Latest News Coal miner TerraCom Resources has rolled out a $63 million restructuring plan that will support its growth ambitions. TerraCom is launching a fully underwritten offer that will firstly fetch around $35 million. The company has furthered its restructuring effort by agreeing to a $US20 million ($28 million) convertible bond with…