Compañía de Minas Buenaventura S.A.A. announced the successful issuance of its senior unsecured notes (the ?Notes?) due 2032 in an aggregate amount of USD 650 million. The Notes mature on February 4, 2032 and bear interest at a rate of 6.800% per annum. Buenaventura intends to use the net proceeds from this offering to refinance its outstanding 5.500% Senior Notes due 2026 and for general corporate purposes.
This transaction will contribute to strengthening the Company?s credit profile and extending maturities. The success of bond issuance is an important reflection of investors? confidence in Company.
