debt
confidence high
sentiment neutral
materiality 0.55
Southern Copper prices $1.25B of 5.350% unsecured notes due 2036
SOUTHERN COPPER CORP/
- Issued $1.25 billion principal of 5.350% Notes due 2036; expected to close June 24, 2026.
- Notes are unsecured and rank equally with existing unsecured debt.
- Net proceeds to fund Tia Maria project, SPCC capex program, and working capital.
- Joint bookrunners: BofA Securities, Morgan Stanley, Barclays, Santander.