Nexa Resources Prices Offering of US$500 Million 6.600% Senior Unsecured Notes Due 2037

Core Viewpoint - Nexa Resources has priced an offering of US$500 million in senior unsecured notes with a 6.600% interest rate, maturing in 2037, with the closing expected on April 8, 2025 [1][3]. Group 1: Offering Details - The offering consists of US$500 million in senior unsecured notes due in 2037 [1]. - The notes are guaranteed by Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A. [2]. - The notes will be sold only to qualified institutional buyers and non-U.S. persons, adhering to specific regulations under the U.S. Securities Act [4]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used to fund a cash tender offer for existing notes due in 2027 and 2028 [3]. - Remaining proceeds will be allocated for the redemption of any existing notes due in 2027 not repurchased in the tender offers and for general corporate purposes, including liability management transactions [3]. Group 3: Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [6]. - The company operates four long-life underground polymetallic mines and one low-cost open pit mine in Peru, along with three smelters in Brazil and Peru [6]. - In 2024, Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide, according to Wood Mackenzie [7].