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Geo Energy fails to get noteholders' nod to ease notes terms

Geo Energy has applied to the relevant Indonesian government authorities for the extension of its SDJ coal mining concession (above), which expires in May 2022, and its TBR coal mining concession, which expires in January 2022.


INDONESIAN coal miner Geo Energy Resources said on Friday that no amendments will be made to the indenture governing the 8 per cent senior notes issued by its wholly-owned unit Geo Coal International, since it failed to get the consent of noteholders to do so.


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