Hudbay’s $150M note offer to fund its copper projects

Jun 11, 2013 | 05:47 PM | Everdeen Mason

Tags  Hudbay Minerals, Caterpillar, Lalor Mine, Constancia Mine, Reed Mine, copper, Everdeen Mason

NEW YORK — Hudbay Minerals Inc. has made strides in attaining funds for its Lalor, Reed and Constancia copper projects by offering $150 million in senior unsecured notes.

The notes were priced at 102 percent of the aggregate principal amount, providing the company with gross proceeds of $153 million, and will yield 9.11 percent to maturity, according to the company.....

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