Asia Resource Minerals targets end June to complete recapitalisation

March 31, 2015 8:07 PM

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March 31 (Reuters) - Indonesia-focused coal mining company Asia Resource Minerals (ARMS) aims to complete a recapitalisation programme by the end of June, the company said on Tuesday, as it released a prospectus for its refinancing.

The prospectus published by the London-listed mining company, previously know as Bumi, also includes details on the agreement with NR Holdings, the trust of financier Nathaniel Rothschild, to underwrite a $100 million rights issue. (bit.ly/1NF3VKn)

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