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First Quantum Minerals Announces Satisfaction of Financing Condition for Partial Redemption of Senior Notes
(In United States dollars, except where noted otherwise) TORONTO, May 30, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the
About this update from First Quantum Minerals Ltd.
[{"type":"text","content":" (In United States dollars, except where noted otherwise) TORONTO, May 30, 2023 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today announced that, following completion of the issuance of its $1,300 million aggregate principal amount of 8.625% Senior Notes due 2031, the financing condition with respect to the Company’s proposed partial redemption of its outstanding 7.500% Senior Notes due 2025 (the “2025 Notes”) has been satisfied and the Company will redeem $300 million of the 2025 Notes on May 31, 2023. The information in this announcement does not constitute an offer of securities for sale in the United States (“U.S.”) or any other jurisdiction. Securities may not be offered or sold in the U.S. unless they are registered or are exempt from the registration of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The securities referred to herein will not be registered under the U.S. Securities Act, or the securities laws of any state of the U.S. or other jurisdictions and may not be offered or sold within the U.S. or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S of the U.S. Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and the applicable laws of other jurisdictions. The Company does not intend to conduct a public offering in the U.S. or any other jurisdiction. It may be unlawful to distribute this announcement in certain jurisdictions. The information in this announcement does not constitute an offer, or a solicitation of an offer, of securities for sale in the United States, Canada, the European Economic Area (“EEA”), the United Kingdom (“UK”), Switzerland, Panama, Hong Kong, Japan, Singapore, or any other jurisdiction in which such an offer, solicitation or sale is not permitted. In member states of the EEA (“Member States”) or the UK, this announcement and any offer of securities if made subsequently is directed only at persons who are \"qualified investors\" (any such person a “Qualified Investor”) as defined in Regulation (EU) 2017/1129 (as amended and superseded) (the “Prospectus Regulation”). Any person in the EEA or the UK who acquires securities in any offer of securities (an \"investor\") or to whom any offer of securit...