Taseko Mines to redeem all 7% secured notes due 2026

By Mary-Katherine Stinson

Lexington, Ky., April 8 – Taseko Mines Ltd. will redeem all of its outstanding 7% senior secured notes due 2026 with proceeds from an offering of senior secured notes due 2030, according to a press release.

Proceeds will also be used to fund capital expenditures, including those incurred at Florence Copper and the Gibraltar mine, and to fund working capital, with any remaining proceeds to be used for general corporate purposes.

The issuer is a Vancouver, B.C.-based copper producer.

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