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First Quantum Minerals issues $1 billion in bonds to refinance debt and fund a buyback offer.
First Quantum Minerals has completed a $1 billion offering of senior notes due in 2033 to repay part of its credit facility, fund a cash tender offer for its 6.875% senior notes due 2027, and cover expenses.
As of March 4, $1.372 billion of the 2027 notes were tendered, with the company planning to pay on March 6 and accept notes on a prorated basis.
The tender offer expires on March 19.
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First Quantum Minerals emite $1 mil millones en bonos para refinanciar deuda y financiar una oferta de recompra.