30th Sep 2020 14:25
Fresnillo PLC - Mexican silver and gold producer - Announces first results of tender offer for outstanding USD800 million principal amount of 5.500% notes due 2023. The offer was launched on Tuesday last week and expired on Tuesday this week. Fresnillo says USD481.7 million in principal amount of notes was tendered, with consideration per USD1,000 in principal amount to be USD1,120. Fresnillo said its total cash payment including accrued and unpaid interest will be about USD550 million. The note tender was conducted by Citigroup Global Markets Inc, JP Morgan Securities LLC and Santander Investment Securities Inc.
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By Tom Waite; [email protected]
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