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Published on 4/10/2007 in the Prospect News High Yield Daily.

Freeport-McMoRan calls 10 1/8% notes due 2010

By Angela McDaniels

Seattle, April 10 - Freeport-McMoRan Copper & Gold Inc. will redeem its outstanding 10 1/8% senior notes due 2010 at 105.063% of par on May 4, according to a company news release.

Noteholders will also receive accrued interest to the redemption date.

The Phoenix-based mining company said there are $272.4 million of the notes outstanding.


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