Nexa Resources plans offering of guaranteed senior notes

By Marisa Wong

Los Angeles, April 1 – Nexa Resources SA plans to offer new senior notes (BBB-/BBB-) guaranteed by Peru-based Nexa Resources Cajamarquilla SA and Brazil-based Nexa Recursos Minerais SA, according to a press release.

The company intends to use proceeds from the Rule 144A and Regulation S offering primarily to fund a cash tender offer for its existing notes due 2027 and 2028 and the remainder, if any, for general corporate purposes, including liability management transactions.

Luxembourg-based Nexa is a zinc producer developing and operating mining and smelting assets in Latin America.

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