First Quantum Minerals to redeem $300 million of 7½% notes due 2025

By Mary-Katherine Stinson

Lexington, Ky., May 30 – First Quantum Minerals Ltd. says the conditions have been satisfied for the redemption of $300 million of its outstanding 7½% notes due 2025, according to a company news release.

The notes will be redeemed on May 31.

The redemption follows the successful issuance by the company of $1.3 billion of 8 5/8% notes due 2031.

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

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