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HudBay buys back $57.2 million 9 5/8% notes
By Jennifer Chiou
New York, May 30 - HudBay Minerals Inc. announced its subsidiary, Hudson Bay Mining and Smelting Co., Ltd., repurchased $57.2 million of its 9 5/8% senior secured notes due Jan. 5, 2012.
The company said $68 million of the notes remain outstanding following the buyback.
The Toronto-based integrated mining and metal producing company announced on April 21 that it bought back $31 million of the notes.
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