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Buenaventura Announces $650 Million Bond Issuance and Debt Repurchase
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Buenaventura Announces $650 Million Bond Issuance and Debt Repurchase

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Compania de Minas Buenaventura SAA ( (BVN) ) just unveiled an update.

On January 23, 2025, Compañía de Minas Buenaventura S.A.A. announced that its Board of Directors approved the issuance of bonds up to $650 million under Rule 144A and Regulation S of the U.S. Securities Act of 1933. These bonds will be listed on the Singapore Stock Exchange. Additionally, the company plans to make a private offer to repurchase all of its outstanding ‘5.500% Senior Notes due 2026’. These steps are aimed at optimizing the company’s debt structure and enhancing its financial positioning in the international market.

More about Compania de Minas Buenaventura SAA

Compañía de Minas Buenaventura S.A.A. is a prominent mining company based in Peru, primarily engaged in the extraction of precious metals. The company focuses on operating and developing mining projects in various locations, ensuring a significant presence in the international metals market.

YTD Price Performance: 7.27%

Average Trading Volume: 964,895

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.07B

See more data about BVN stock on TipRanks’ Stock Analysis page.

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