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First Quantum to repay $575 million under revolver, notes due 2022
By Taylor Fox
New York, Sept. 17 – First Quantum Minerals Ltd. plans to repay $575 million under its existing revolving credit facility and redeem $425 million of its senior notes due 2022, according to a news release.
The repayment and redemption will be funded using proceeds from the sale of $1 billion senior notes due 2027.
The copper producer is based in Vancouver, B.C.
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