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SILVERCORP ANNOUNCES OFFERING OF US$130 MILLION CONVERTIBLE SENIOR NOTES
SVMSilvercorp Metals(SVM) Prnewswire·2024-11-19 21:15

Trading Symbol: TSX: SVM                              NYSE AMERICAN: SVMVANCOUVER, BC, Nov. 19, 2024 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) today announced that it has commenced a private placement offering of US130,000,000aggregateprincipalamountofconvertibleseniornotesdue2029(the"Notes"andthe"Offering").TheCompanyintendstogranttheinitialpurchasersoftheNotesanoptiontopurchaseuptoanadditionalUS130,000,000 aggregate principal amount of convertible senior notes due 2029 (the "Notes" and the "Offering"). The Company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US20,000,000 aggre ...