(expressed in USD unless otherwise stated)
TORONTO, February 14, 2023 (GLOBE NEWSWIRE) — First Quantum Minerals Limited (“First Quantum” or “Company”) (TSX:FM) today announced notice of partial redemption on February 15, 2023 of $450 million of its 6.500% senior notes due March 2024. (Regulation 144A: ISIN US335934AP02; CUSIP 335934AP0; Reg S: ISIN USC3535CAH19; CUSIP C3535CAH1) (“2024 Notes”) will be redeemed on February 25, 2023.
As specified in the Partial Redemption Notice relating to the redemption of the 2024 Notes, the outstanding portion of the 2024 Notes to be redeemed will be redeemed based on a draw at a redemption price of 100.000% of the principal amount. and unpaid and unpaid interest, to registered holders selected by lottery and notified to such holders by the Depository Trust Company (DTC) in accordance with the rules and procedures of the DTC. The aggregate principal amount of the 2024 Notes after partial redemption is $400 million.
The information in this announcement does not constitute notice of redemption of the 2024 Notes or an offer (or solicitation of an offer) to buy or sell the remaining 2024 Notes or any other securities.
DTC will notify participants according to its own rules and procedures. DTC participants may act as administrators/intermediaries for bondholders distributing notices to their clients in accordance with their own service level agreements.
For more information, bondholders should contact DTC or, alternatively, their service provider (i.e. custodian).
For more information, please visit our website www.first-quantum.com or contact us at:
Bonita To, Director, Investor Relations
(416) 361-6400 Toll Free: 1 (888) 688-6577
Email: This email address is being protected from spambots. JavaScript must be enabled to view.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release constitutes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and forward-looking information under applicable Canadian securities laws. Such forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, performance or achievements of the Company to differ. may differ materially from future results, financial condition, performance or achievements. It is implied by such forward-looking statements or information. Such factors include, inter alia, the Securities Commissions of Alberta, British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Ontario; financial markets, the US Securities and Exchange Commission, and the London Stock Exchange.
No sale to EEA or UK private investors
Securities referred to herein are not intended, and should not be offered, sold or offered to private investors in the EEA or the UK. For these purposes, a private investor means one (or more) of her: (i) Directive 2014/65/EU (“MiFID II”) or (ii) a client within the meaning of Directive 2016/97/EU and the client is a customer at point (10) of Article 4(1) of MiFID II; or (iii) a qualified investor; Accordingly, any material information required by Regulation (EU) No 1286/2014 (the “PRIIPs Regulation”) to make such securities available for sale or otherwise to retail investors in the EEA or the UK Due to the lack of documentation, the offering or offering or sale of such securities or making available to private investors in the EEA or the UK may be illegal under the PRIIPS regulations .
