Loma Negra announces $6.92 million debt cancellation
LOMA•Loma Negra will cancel $6.92 million in principal on its Class 5 obligations, leaving $105.96 million outstanding. The obligations carry an 8% fixed annual interest rate and mature July 24, 2027.
1. Class 5 obligations
Loma Negra will cancel $6.92 million in principal of its Class 5 negotiable obligations, leaving $105.96 million outstanding. The securities carry an 8% fixed annual interest rate and mature July 24, 2027. They were received as payment in kind for Class 7 obligations issued October 22, 2026; those obligations carry a 6.25% fixed annual interest rate and mature October 22, 2029.
