FIIG - The Fixed Income Experts

News and Education

Mackay Sugar Update

by Thomas Jacquot | Jul 08, 2019
Following completion of the sale of the Mossman mill, Mackay Sugar has scheduled the shareholders vote to 29 July 2019 which, if approved, will be the final step in the proposed recapitalisation of the company by Nordzucker. If this was to occur, we expect the notes to be redeemed no later than 30 August 2019.