First Quantum closes redemption of 6.87% notes

Executive Summary

• First Quantum Minerals Ltd. fully redeemed its 6.875 % senior notes due 2027, representing $41.878 million of outstanding principal.
• The redemption price was $1,003.79 per $1,000 principal plus accrued interest of $1.088 million.
• Redemption funded by proceeds from the previously announced $1‑billion issuance of 7.250 % senior notes due 2034.

Key Details

• Notes Redeemed: 6.875 % senior notes due 2027 (Rule 144A ISIN US335934AT24; Reg S ISIN USC3535CAM04).
• Outstanding Principal Redeemed: $41,878,000.
• Redemption Price: $1,003.79 per $1,000 principal amount.
• Accrued & Unpaid Interest Paid: $1,087,644.72.
• Total Cash Outlay for Redemption: Approximately $42.966 million (principal + interest).
• Funding Source: Proceeds from the previously announced $1‑billion aggregate principal offering of 7.250 % senior notes due 2034.

Notable Quotes

(No executive quotes included in the release.)