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Paladin has only days to repay EDF debt

By:  
Creamer Media Senior Deputy Editor: Australasia
 
URANIUM
France’s Electricite de France SA (EDF) is pushing embattled uranium miner Paladin Energy for the repayment of $227-million in debt, which is due on July 10. Paladin previously attempted to negotiate a standstill agreement with EDF under the long-term supply agreement inked in 2012, but a subsequent ruling by an independent expert had found that the security offered by Paladin is insufficient.
 
 
 
 
 

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