Southern Copper Postpones Bond Plans

Southern Copper Postpones Bond Plans

Mexico Peru Bonds

Southern Copper Corporation has cancelled plans to raise funds in the international bond market following a ruling by the Supreme Court of Delaware which affirms a 2011 judgment requiring the company’s controlling shareholder, Grupo Mexico, to pay its subsidiary a substantial amount in shares or cash. “In light of this decision, Southern Copper is postponing its roadshow and will re-evaluate accessing the debt capital markets once the consequences of the decision are known,” the company says in

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