Buenaventura(BVN) Prnewswire·2025-01-30 00:19Core Viewpoint - Compañía de Minas Buenaventura S.A.A. has announced the expiration of its cash tender offer for its outstanding 5.500% Senior Notes due 2026, with a significant portion of the notes being tendered by the expiration time [1][2]. Group 1: Tender Offer Details - The tender offer expired on January 29, 2025, with valid tenders received for US$400,601,000 in aggregate principal amount of notes, representing approximately 72.84% of the outstanding notes [2]. - Notices of Guaranteed Delivery were submitted for US$850,000 in aggregate principal amount of notes, approximately 0.15% of the outstanding notes [2]. - Holders of notes must validly tender their notes by January 31, 2025, to participate in the tender offer under the Guaranteed Delivery Procedures [2][3]. Group 2: Payment and Settlement - Buenaventura expects to accept and make payment on February 4, 2025, for all notes validly tendered and not withdrawn by the specified deadlines [3]. - Eligible holders will receive US$1,000 per US$1,000 principal amount of notes, plus accrued and unpaid interest from the last interest payment date to the settlement date [4]. Group 3: Final Results and Communication - The final principal amount of notes purchased will be announced in a press release after the settlement date [5]. - Interested parties can obtain the complete terms and conditions of the tender offer from the designated tender agent and information agent [5].