First Quantum Minerals Announces Early Results of Cash Tender Offer to Purchase Its Outstanding 9.375% Senior Secured Second Lien Notes Due 2029 in a Maximum Aggregate Principal Amount of Up to $250 Million

Core Viewpoint - First Quantum Minerals Ltd. announced early results of its cash tender offer for its outstanding 9.375% Senior Secured Second Lien Notes due 2029, with a maximum aggregate principal amount of $250 million [1][5]. Group 1: Tender Offer Details - The tender offer was initiated to purchase up to $250 million of the Notes, with a total of $776,572,000 validly tendered by the Early Tender Time [3][5]. - The Company will accept the Notes on a prorated basis since the amount tendered exceeded the maximum tender amount [5]. - Holders who validly tendered their Notes by the Early Tender Time are eligible to receive a total consideration of $1,066.25 per $1,000 principal amount, which includes an Early Tender Premium [6]. Group 2: Settlement Information - The Company plans to make payment for the accepted Notes on August 21, 2025, which is the Early Settlement Date [4]. - All conditions for payment on the Early Settlement Date were satisfied or waived by the Company [4]. Group 3: Additional Information - The tender and information agent for the offer is Kroll Issuer Services Limited, and further details can be obtained from them [7]. - 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 [8].