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Published on 2/14/2023 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

First Quantum Minerals to redeem $450 million 6½% notes due 2024

By Wendy Van Sickle

Columbus, Ohio, Feb. 14 – First Quantum Minerals Ltd. plans to issue a notice of redemption for $450 million of its outstanding 6½% senior notes due April 2024 (Cusips: 335934AP0, C3535CAH1), according to a company news release on Tuesday.

The notes will be redeemed on Feb. 25 at a redemption price of par plus accrued interest up to but excluding the redemption date. Following the redemption, there will be $400 million principal amount of the notes left outstanding.

The copper producer is based in Vancouver, B.C.


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