St Barbara's discounted buy-back

GOLD miner St Barbara has agreed to reacquire $US46 million ($A60 million) – at an average discount of 5% – in aggregate principal of its US 144A senior secured notes through a selective off-market purchase.

The move will save the company $US4.1 million ($A5.3 million) of future interest every year, which would have been payable twice a year until maturity in April 2018.

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