Tiger Brokers

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

Reuters
Dec 05, 2024

(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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10