December 13, 2021 |
Chile's Molibdenos y Metales (Molymet) earned MXN4 billion ($191 million) in a two-part bond sale in the Mexican market on Friday, raising money to pay off debt and cover investments.
The San Bernardo-based molybdenum mining company priced MXN2.52 billion in four-year notes at the 28-day TIIE interbank lending rate plus 0.9% and MXN1.48 billion in six-year bonds at a fixed rate of 9.18%, according to a securities filing.
Citibanamex and Scotiabank coordinated the sale, part of the MXN6 billion b
Chilean molybdenum producer raises $191 mln in a two-part deal to fund investments and pay off debt