First Quantum arranges $750M (U.S.) note offering

Ms. Bonita To reports FIRST QUANTUM ANNOUNCES $750 MILLION SENIOR NOTES OFFERING First Quantum Minerals Ltd. is launching an offering of $750-million aggregate principal amount of senior notes (in U.S. dollars, except where noted otherwise). The notes will be senior unsecured obligations of the company and will be guaranteed by certain of the company's subsidiaries. Interest on the notes will accrue from the issue date and will be payable semi-annually. The interest rate and offering price of the notes along with certain other terms will be determined at the time of pricing of the offering, subject to market conditions. The company intends to apply the gross proceeds from the sale of the notes, together with cash on balance sheet, to finance the concurrent tender offer for its existing 6.875 per cent senior notes due 2027, and to pay related fees, costs and expenses. We seek Safe Harbor.