UPDATED: Fresnillo sets out to sell 30-year bonds

UPDATED: Fresnillo sets out to sell 30-year bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Mexico

This article was updated on September 30 to include pricing information and the results of a bond buyback. Mexican mining company Fresnillo sold $850 million worth of 30-year bonds in the international market on Tuesday, looking to raise money to fund a buyback of its 5.5% 2023 notes, according to a source involved in the deal. The precious metals miner priced the new 4.25% 2050 notes at 98.005 to yield 4.37%, or 295 basis points over US Treasury notes, the source said. Fresnillo plans to settle

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