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First Quantum Minerals Announces Early Results of Cash Tender Offer to Purchase Its Outstanding 9.375% Senior Secured Second Lien Notes Due 2029 in a Maximum Aggregate Principal Amount of Up to $250 Million
(In United States dollars, except where noted otherwise) TORONTO, Aug. 20, 2025 (GLOBE NEWSWI...
About this update from First Quantum Minerals Ltd.
[{"type":"text","content":"First Quantum Minerals Announces Early Results of Cash Tender Offer to Purchase Its Outstanding 9.375% Senior Secured Second Lien Notes Due 2029 in a Maximum Aggregate Principal Amount of Up to $250 Million\n\n\n\n (In United States dollars, except where noted otherwise)\n \n\n TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today announced the early results of its previously announced offer to purchase for cash (the “Tender Offer”) its outstanding 9.375% Senior Secured Second Lien Notes due 2029 (the “Notes”) in a maximum aggregate principal amount of up to $250,000,000 (the “Maximum Tender Amount”), as further described in the offer to purchase dated August 6, 2025 (the “Offer to Purchase”) and as previously announced on August 6, 2025.\n \n\n As of 5:00 p.m., New York City time, on August 19, 2025 (such time, the “Early Tender Time”), according to information provided by Kroll Issuer Services Limited, the tender and information agent for the Tender Offer, the aggregate principal amount of Notes listed in the table below has been validly tendered and not validly withdrawn in the Tender Offer. Withdrawal rights for the Notes expired at the Early Tender Time.\n \n\n\n\n\n Issuer\n \n\n\n\n Title of\n \n\n\n Security\n \n\n\n\n CUSIP Number/\n \n\n\n ISIN\n \n\n\n (\n \n\n\n\n 1)\n \n\n\n\n\n Principal\n \n\n\n Amount\n \n\n\n Outstanding\n \n\n\n\n Maximum Tender Amount\n \n\n\n\n Principal Amount Tendered at Early Tender Time\n \n\n\n\n Principal Amount Accepted\n \n\n\n\n Approximate Proration Factor\n \n\n\n\n\n First\n \n Quantum\n \n Minerals Ltd.\n \n\n 9.375% Senior Secured Second Lien Notes due 2029\n \n\n 144A CUSIP/ISIN: 335934 AV7 / US335934AV79\n \n\n Regulation S\n \n CUSIP/ISIN:\n \n C3535C AQ1 / USC3535CAQ18\n \n\n\n\n $1,600,000,000\n \n\n\n\n $250,000,000\n \n\n\n\n $776,572,000\n \n\n\n\n $250,000,000\n \n\n 25.32344%\n \n\n\n\n\n\n\n\n\n\n\n\n (1)\n \n\n\n CUSIP information is provided for the convenience of holders of the Notes (“Holders”). No representation is made as to the correctness or accuracy of such numbers.\n \n\n\n\n\n\n\n\n\n\n The Company has elected to exercise its right to make payment for Notes that were validly tende...