debt
confidence high
sentiment neutral
materiality 0.60
Coeur Mining exchanges $18M senior notes for 4.87M common shares
Coeur Mining, Inc.
- Exchanged $18M aggregate principal of 5.125% Senior Notes due 2029 for 4,873,603 shares of common stock.
- Issuance exempt from registration under Section 3(a)(9); $5M of notes and 1,121,390 shares previously disclosed.
- Remaining $13M principal exchanged for approximately 3,752,213 shares in new transactions.
- Equity issuance increases share count; debt principal reduced by $18M.