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The latest update is out from Endeavour Mining ( (TSE:EDV) ).
Endeavour Mining has announced the pricing of a US$500 million offering of fixed-rate senior notes due in 2030, with a 7% annual interest rate. The proceeds will be used to refinance existing debt, extending the company’s debt maturity and enhancing financial flexibility, which is a strategic move to strengthen its financial position.
More about Endeavour Mining
Endeavour Mining is a leading global gold mining company and one of the largest producers in West Africa, with operations in Senegal, Côte d’Ivoire, and Burkina Faso. The company has a robust portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt. Endeavour is committed to responsible mining and sustainable value delivery, and is listed on the London and Toronto Stock Exchanges.
Learn more about EDV stock on TipRanks’ Stock Analysis page.