Ms. Bonita To reports
FIRST QUANTUM ANNOUNCES PARTIAL REDEMPTION OF 2023 NOTES
First Quantum Minerals Ltd. has issued a notice of partial redemption for $600-million (U.S.) of its outstanding 7.25-per-cent senior notes due April, 2023 (Rule 144A: ISIN US335934AK15; Cusip 335934AK1; Reg S: ISIN USC3535CAF52; Cusip C3535CAF5) for Dec. 7, 2021.
As specified in the notice of partial redemption relating to the redemption of the 2023 notes, the portion of the outstanding 2023 notes to be redeemed will be allocated on a lottery drawing basis at a redemption price of 101.813 per cent of the principal amount thereof, plus accrued and unpaid interest. The redemption price will be paid to holders of record selected by lot and notified by the Depository Trust Company (DTC) to such holders in accordance with DTC rules and procedures.
The aggregate principal amount outstanding following such partial redemption of the 2023 notes will be $1-billion (U.S.).
We seek Safe Harbor.
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