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Petra Diamonds US Treasury Plc
107 Cheapside
Suite 31, Second Floor
London, ENG  EC2V 6DN  United Kingdom
On 11/17/2020, Petra Diamonds US Treasury Plc launched a Scheme of Arrangement via the issuance of a practice statement letter addressed to, among others, the Scheme Creditors.
Filed a Chapter 15 Petition on 12/15/2020 to gain the recognition and protection of the US Courts for its foreign proceeding.
On 12/15/2020, Petra Diamonds US Treasury plc filed a Chapter 15 Bankruptcy Petition #20-12874 in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan) in order to gain recognition of its proceeding before the High Court of Justice of England and Wales.
This is a Subsidiary, click here for the Parent Company
Business Summary
Petra Diamonds US Treasury Plc is a wholly owned finance subsidiary of Petra Diamonds Limited (the "Group") that is launching a $300 million Notes Issue. Proceeds from the Notes will be used to settle (but not cancel) certain existing debt and, together with future drawdowns from the Group's debt facilities, to fund the construction of a modern processing plant at Cullinan, South Africa, for general corporate purposes and to pay fees and expenses associated with the Notes.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
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Industries
SIC Code Description
1499 Miscellaneous nonmetallic minerals, except fuels
5085 Industrial supplies


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Friday, November 8, 2024