Minera Barrick Misquichilca to sell up to $50 million bonds Wednesday

By Caroline Salls

Pittsburgh, April 12 - Minera Barrick Misquichilca SA said it will sell up to $50 million bonds due April 14, 2013 under its first issue of its first program of bonds at an auction Wednesday.

The yield will be determined at the auction. The bonds have a face value of $1,000.

The bonds will be callable for life.

Proceeds will be used to finance the Alto Chicama/Las Lagunas Norte project.

The company plans to sell up to $150 million of the bonds under the first program.

Minera Barrick is a Lima, Peru, wholly owned subsidiary of Barrick Gold Corp.

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