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First Quantum Minerals Announces Results of Cash Tender Offer to Purchase Any and All of Its Outstanding 6.875% Senior Notes Due 2027
Globenewswire·2025-08-19 10:36

Core Viewpoint - First Quantum Minerals Ltd. announced the results of its cash tender offer for its outstanding 6.875% Senior Notes due 2027, with a total of $714,625,000 validly tendered and accepted for purchase [1][3]. Group 1: Tender Offer Details - The tender offer expired on August 18, 2025, with a deadline for guaranteed delivery set for August 20, 2025 [2]. - The total principal amount of Notes accepted for purchase is $714,625,000, which includes $6,503,000 tendered under guaranteed delivery procedures [3]. - The Notes Consideration is set at $1,003.79 for each $1,000 principal amount of Notes validly tendered and accepted [7]. Group 2: Financial Implications - Following the completion of the tender offer, the outstanding principal amount of the Notes will be reduced to $35,375,000 [4]. - The Company will pay the applicable Notes Consideration promptly after the expiration date, expected on August 21, 2025 [9]. - Holders who validly tender their Notes will receive accrued and unpaid interest up to the settlement date [9]. Group 3: Management and Contact Information - J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, BMO Capital Markets Corp., and Société Générale are serving as dealer managers for the tender offer [11]. - For further inquiries, the Company has provided contact details for investor and media relations [12].