Coeur d’Alene Mines Corp. (CDE: Quote,CDM.TO: Quote) said Thursday that it plans to offer US$200 million of Senior Notes due 2021.
The Notes will be fully and unconditionally guaranteed by certain of the company’s subsidiaries.
The company said it plans to use the net proceeds from the Notes offering to fund internal and external growth initiatives and for general corporate purposes, which may include repurchasing 3.25% Convertible Senior Notes due 2028 that are put to the Company at or after March 15, 2013.
Click here to receive FREE breaking news email alerts for Coeur d’Alene Mines Corp. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.comBusiness News