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Peru’s Minera Ares to redeem all 7¾% senior notes due 2021 on Jan. 23
By Sarah Lizee
Olympia, Wash., Jan. 17 – Compania Minera Ares SAC will redeem all $294,775,000 of its outstanding 7¾% senior notes due 2021, according to a filing with the London Stock Exchange.
The notes will be redeemed on Jan. 23 at 103.875 for $306,197,531.25. The amount of accrued interest payable on the redemption date is $11,422.53.
Citibank, NA is the paying agent.
Lima, Peru-based Minera Ares, a subsidiary of precious metals miner Hochschild Mining plc, offers gold and silver exploration services.
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