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Published on 1/17/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

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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