New Gold Announces Pricing of $300 Million Senior Notes Offering
New Gold Inc. (NYSE: NGD) today announces the pricing of its private offering of $300 million aggregate principal amount of 7.0% Senior Notes due 2020. The offering is expected to close on or about April 5, 2012. New Gold intends to use the net proceeds of the Notes to fund the redemption of its 10% Senior Secured Notes due 2017 and for general corporate purposes.
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