UPDATE 1-Peru miner Buenaventura approves bond measures, including $650 mln issuance

Reuters
2024-12-05

(Updates with additional details on bond measures)

LIMA, Dec 4 (Reuters) - Peruvian mining company Buenaventura, a major precious metals producer, has approved a set of debt measures including a bond issuance of $650 million, the firm said in a statement on Wednesday.

The miner added that shareholders had approved what it called a "repurchase or rescue operation" of currently active bonds.

Peru is one of the world's top mining economies, especially for key industrial metal copper, with mineral sales contributing a large share of the country's export revenue.

(Reporting by Marco Aquino; Editing by Kylie Madry)

((david.aliregarcia@thomsonreuters.com; +52 55 5282 7151; Reuters Messaging: david.aliregarcia.thomsonreuters.com@reuters.net))

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