The size of a U.S. dollar debenture offering has been increased by Inco (TSE) to US$200 million from US$150 million (T.N.M., June 15/92) because of strong investor demand, the company says.
The debentures are being sold at par in the U.S., will carry a coupon of 9.6% per annum, will be non-callable for 10 years and will mature June 15, 2022. Proceeds are for reducing debt.
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