Skip to main content
Client Work

First Quantum Minerals Ltd. closes US$1.5 billion senior note offering

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

First Quantum Minerals Ltd.

First Quantum Minerals Ltd. ("First Quantum") closed an offering (the "Offering") of US$1.5 billion of 6.857% senior notes due 2027 (the "Senior Notes"). The Senior Notes will mature on October 15, 2027.

 

First Quantum intended to use the proceeds of the Offering towards: (i) the repayment of US$650 million principal amount under First Quantum’s revolving credit facility; and (ii) the redemption in full of First Quantum’s US$850 million aggregate principal amount of 7.25% senior notes due 2022.

 

Fasken acted as Canadian counsel to First Quantum on the Offering with a team that included Sarah Gingrich, Georald Ingborg, Perry Feldman, Aman Marwaha (Corporate Finance & Securities) and Michael Coburn (Tax) and acted as UK counsel to First Quantum with a team that included Reena Modha, Jodi Katz, Thomas Wexler and Maurice Wong.

Team

    Subscribe

    Receive email updates from our team

    Subscribe