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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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