Southern Copper to add $400 million in retap of 2035 bonds

By Reshmi Basu

New York, May 4 - Southern Copper Corp. plans to reopen its 7½% bonds due July 27, 2035 (Baa2/BBB-/BB+) to add $400 million, according to a market source.

Citigroup is the bookrunner for the Rule 144A/Regulation S deal.

The issuer engages in mining, processing and producing copper, molybdenum, zinc, silver, gold and lead. Its operations and explorations are in Peru, Mexico and Chile.

The company, formerly known as Southern Peru Copper Corp., is based in Phoenix, Arizona.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.