Inmet plans $500M notes issue for Cobre Panama project

Dec 17, 2012 | 01:42 PM | Samuel Frizell

Tags  Inmet Mining, notes issue, Cobre Panama project, copper, Samuel Frizell

NEW YORK — Inmet Mining Corp. intends to raise $500 million in a senior notes offering in order to fund the development of its Cobre Panama copper project, the company said.

Toronto-based Inmet, which priced the offering late last week, said it will use the proceeds to fund construction of the copper-gold-silver-molybdenum project in Panama. The recent offering comes in addition to a $1.5-billion offering completed in May (,....

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