Coeur d'Alene buys back remaining $18.75 million senior term notes

By Tali David

Minneapolis, Nov. 1 - Coeur d'Alene Mines Corp. announced that it has agreed to purchase the last $18.75 million of its senior term notes due Dec. 31, 2012 that are outstanding, according to an 8-K filing with the Securities and Exchange Commission.

Under a privately negotiated agreement, it will buy back the notes at 118% of the principal amount plus accrued interest.

The settlement date is Nov. 1.

The company is a Coeur d'Alene, Idaho-based silver and gold producer.

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