The Journal Record, January 17th, 1991
Sunshine Mining Completes Sale of Properties DALLAS - Sunshine Mining Co. has completed the sale of its domestic oil and gas properties and filed with the Securities and Exchange Commission documents to offer to purchase a portion of its outstanding debt, the Dallas-based firm announced Wednesday.
Sunshine intends to offer $650 per debenture for 60 percent of its outstanding 8 7/8 percent Convertible Subordinated Reset Debentures due July 15, 2008 and to solicit written consents from debenture holders to eliminate certain restrictive covenants. Sunshine expects that its offer to purchase thes...
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