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Yancoal denting debt

Taking advantage of red hot thermal coal prices.

Noel Dyson
With thermal coal prices running hot, Yancoal is taking the opportunity to prepay more debt.

With thermal coal prices running hot, Yancoal is taking the opportunity to prepay more debt.

The prepayment is toward Yancoal's Syndicated Facility and its unsecured related-party loans. The prepayments are expected to save Yancoal about US$207 million in total finance costs over the loan periods....

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