Lundin Mining calls $550 million 7½% senior secured notes due 2020

New York, Oct. 20 – Lundin Mining Corp. will redeem its $550 million of 7½% senior secured notes due 2020 on Nov. 20, the company said in a news release.

Holders will receive 103.75% of par plus accrued interest.

Through the redemption of the bonds, the company will reduce its annual interest payments by $41.25 million.

Lundin is a Toronto-based mining company primarily producing copper, nickel and zinc.

© 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.