Peru’s Minsur offers to buy all $186.42 million 6¼% notes due 2024

Chicago, Oct. 18 – Minsur SA commenced a cash tender offer for any and all of its $186,423,000 outstanding 6¼% senior notes due 2024 (Cusips: 60447KAA8, P6811TAA3), according to an offer document.

Minsur is offering to pay $1,085 per $1,000 note. Interest will also be paid to the settlement date.

The offer is subject to a financing condition, namely an offering of new senior notes.

Tendering noteholders who wish to subscribe to the new offer should contact the dealer managers for a unique identifier code to submit with their tendered notes.

Priority allocation may be given to tendering noteholders with a code.

The offer will expire at 8 a.m. ET on Oct. 25, also the withdrawal deadline.

The guaranteed delivery date is 8 a.m. ET on Oct. 27.

Settlement is planned for Oct. 29.

The dealer managers for the offer are BofA Securities, Inc. (646 855-8988, 888 292-0070) and Santander Investment Securities Inc. (212 940-1442, 855 404-3636).

D.F. King & Co., Inc. (800 714-3305, 212 269-5550, minsur@dfking.com) is the information and tender agent for the offer.

Minsur is a mining company based in Lima.

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