Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has completed a US$500 million offering of 7% senior notes due 2030.
The proceeds will be used to purchase any and all of its outstanding 5% senior notes due 2026.
A total of $464.28 million of the 2026 notes have been validly tendered and accepted, and will be retired and cancelled.
The company expects to redeem the remaining $35.72 million in principal of the 2026 notes at the same purchase price as paid to tendering noteholders.