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ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES
ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTA...
About this update from Aris Mining Corp
[{"type":"text","content":"\n\n\n\n ARIS MINING ANNOUNCES LAUNCH OF US$400 MILLION SENIOR NOTES OFFERING TO FUND REDEMPTION OF OUTSTANDING 6.875% SENIOR NOTES\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Oct. 21, 2024\n \n\n /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announced today that it has commenced an offering of\n \n US$400 million\n \n aggregate principal amount of Senior Notes due 2029 (the \"Notes\"). Aris Mining intends to use the net proceeds from the offering of the Notes to fund the redemption of its outstanding 6.875% Senior Notes due 2026 (the \"2026 Notes\") and for working capital and general corporate purposes.\n \n\n\n\n\n\n\n\n\n Pursuant to the terms of the indenture governing the 2026 Notes, the Company will issue a conditional notice of redemption to redeem the outstanding 2026 Notes, which redemption will be conditional upon the successful completion of the offering of the Notes.\n \n\n The Notes will be offered and sold in\n \n the United States\n \n only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the United States Securities Act of 1933, as amended (the \"Securities Act\"), and to non-U.S. persons outside\n \n the United States\n \n in reliance on Regulation S under the Securities Act. The Notes will be offered and sold in\n \n Canada\n \n on a private placement basis pursuant to applicable Canadian prospectus exemptions.\n \n\n The offer and sale of the Notes will not be registered under the Securities Act and the Notes may not be offered or sold in\n \n the United States\n \n or to U.S. persons absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any offer or sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.\n \n\n\n About Aris Mining\n \n...