First Quantum Announces Partial Redemption of 2023 Notes
November 30 2021 - 6:00AM
First Quantum Minerals Ltd. (“FQM” or the “Company”) (TSX:FM) today
announced that it has issued a notice of partial redemption for
$600 million of its outstanding 7.250% Senior Notes due April, 2023
(Rule 144A: ISIN US335934AK15; CUSIP 335934AK1; Reg S: ISIN
USC3535CAF52; CUSIP C3535CAF5) (the “2023 Notes”) for December 7,
2021 (the “Redemption Date”).
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 (the “Redemption
Price”) of 101.813% 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 $1000
million.
The information in this announcement does not
constitute a notice of redemption of the 2023 Notes, or an offer
(or a solicitation of an offer) to purchase or to sell the
remaining 2023 Notes or any other securities.
For further information, including obtaining a
copy (once filed) of the report required to be filed with
applicable securities regulators in respect of the matters
described in this news release, please contact First Quantum at one
of the numbers listed at the end of this news release. First
Quantum's address is also set out below.
For further information, visit our website at
www.first-quantum.com or contact:
Bonita To, Director, Investor Relations(416) 361-6400 Toll-free:
1 (888) 688-6577 E-Mail: info@fqml.com
Suite 2600, Three Bentall CentreP.O. Box 49314595 Burrard
StreetVancouver, BCCanada V7X 1L3
CAUTIONARY STATEMENT ON FORWARD-LOOKING
INFORMATION
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
legislation. Such forward-looking statements or information involve
known and unknown risks, uncertainties and other factors which may
cause the actual results, financial condition, performance or
achievements of the Company to be materially different from any
future results, financial condition, performance or achievements
expressed or implied by such forward-looking statements or
information. Such factors may include, among others, those factors
disclosed in the Company's documents filed from time to time with
the Alberta, British Columbia, Saskatchewan, Manitoba, New
Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and
Ontario Securities Commissions, the Autorité des marchés financiers
in Quebec, the United States Securities and Exchange Commission and
the London Stock Exchange.
PROHIBITION OF SALES TO EEA OR UK RETAIL
INVESTORS
The securities referred to herein are not
intended to be offered, sold or otherwise made available to and
should not be offered, sold or otherwise made available to any
retail investor in the EEA or the UK. For these purposes, a retail
investor means a person who is one (or more) of: (i) a retail
client as defined in point (11) of Article 4(1) of Directive
2014/65/EU ("MiFID II") or (ii) a customer within the meaning of
Directive 2016/97/EU, where that customer would not qualify as a
professional client as defined in point (10) of Article 4(1) of
MiFID II or (iii) not a Qualified Investor. Consequently, no key
information document required by Regulation (EU) No 1286/2014 (the
"PRIIPs Regulation") for offering or selling such securities or
otherwise making them available to retail investors in the EEA or
the UK has been prepared and therefore offering or selling such
securities or otherwise making them available to any retail
investor in the EEA or the UK may be unlawful under the PRIIPS
Regulation.
First Quantum Minerals (TSX:FM)
Historical Stock Chart
From Aug 2024 to Sep 2024
First Quantum Minerals (TSX:FM)
Historical Stock Chart
From Sep 2023 to Sep 2024