22nd Sep 2020 14:56
(Alliance News) - Mexican gold miner Fresnillo PLC on Tuesday said it has commenced a tender offer to purchase its outstanding USD800 million principal amount of 5.500% notes due 2023.
The tender offer will expire on Tuesday next week, unless extended.
Fresnillo has retained Citigroup Global Markets Inc, J.P. Morgan Securities LLC and Santander Investment Securities Inc as dealer managers in connection with the tender offer. Global Bondholder Services Corp will act as the tender agent and information agent for the offer.
Shares in Fresnillo were down 1.9% at 1,262.00 pence each in London on Tuesday afternoon.
By Tapan Panchal; [email protected]
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