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Published on 9/9/2020 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

HudBay to refinance $400 million of 7¼% senior notes due 2023

By Taylor Fox

New York, Sept. 9 – Hudbay Minerals Inc. plans to refinance all of its outstanding $400 million principal amount of 7¼% senior notes due 2023, according to a news release.

The refinancing will be funded using proceeds from its offering of $500 million principal amount of new senior notes.

Any remaining proceeds will be used to pay any related premium, costs and expenses and for general corporate purposes.

HudBay is a Toronto-based mining company focused on copper concentrate, which includes copper, gold and silver and zinc.


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