The Prospector News

First Quantum Announces $500 Million Partial Redemption of 2023 Notes

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

First Quantum Announces $500 Million Partial Redemption of 2023 Notes

 

 

 

 

 

First Quantum Minerals Ltd. (TSX:FM) announced that it has issued a notice of partial redemption for $500 million of its outstanding 7.250% Senior Notes due April, 2023 (Rule 144A: ISIN US335934AK15; CUSIP 335934AK1; Reg S: ISIN USC3535CAF52; CUSIP C3535CAF5) for April 5, 2022.

 

As specified in the notice of partial redemption relating to the redemption of the 2023 Notes, the portion of the outstanding 2023 Notes to be redeemed will be redeemed on a lottery drawing basis at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest, and will be paid to holders of record selected by lot and notified by the Depositary Trust Company (DTC) to such holders in accordance with DTC rules and procedures. The aggregate principal amount outstanding following such partial redemption of the 2023 Notes will be $500 million.

 

The information in this announcement does not constitute a notice of redemption of the 2023 Notes, or an offer (or a solicitation of an offer) to purchase or to sell the remaining 2023 Notes or any other securities.

 

DTC shall inform its participants in accordance with its own rules and procedures. DTCs participants may act as custodians/intermediaries for Noteholders who will distribute the notice to their clients in accordance with their own service level agreements.

 

For further information, the Noteholders should contact DTC or alternatively their service provider (i.e. custodian) who in turn should follow up with DTC for more information.

 

Posted March 25, 2022

Share this news article

MORE or "UNCATEGORIZED"


PPX Mining Announces Closing Of $1.35 Million Private Placement

PPX Mining Corp. is pleased to announce that it has closed its fu... READ MORE

April 19, 2024

Elevation Gold Reports Financial Results for Year Ended December 31, 2023, including $66.4M in Total Revenue

Elevation Gold Mining Corporation (TSX-V: ELVT) (OTCQB: EVGDF) i... READ MORE

April 18, 2024

Reunion Gold Announces the Signing of a Mineral Agreement With the Government of Guyana for Its Oko West Project

Reunion Gold Corporation (TSX-V: RGD; OTCQX: RGDFF) is pleased to announ... READ MORE

April 18, 2024

Drilling Confirms 4 km of Favourable Corridor at Lynx Gold Trend

Puma Exploration Inc. (TSX-V: PUMA) (OTCQB: PUMXF) is thrilled to... READ MORE

April 18, 2024

Grid Metals Intersects 7 m at 1.28% Li2O at over 125 m Below the Previously Deepest Drill Holes at Donner Lake; Provides Project Update

Grid Metals Corp. (TSX-V:GRDM) (OTCQB:MSMGF) is pleased to announ... READ MORE

April 18, 2024

Copyright 2024 The Prospector News