Nexa Resources SA ( (NEXA) ) has provided an update.
On March 31, 2025, Nexa Resources S.A. announced its intention to offer new senior unsecured notes, guaranteed by Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A. The proceeds from this offering are planned to fund a cash tender offer for existing notes due in 2027 and 2028, redeem any remaining notes not repurchased, and for general corporate purposes. This move is aimed at improving the company’s financial structure and managing liabilities, potentially impacting its market position and stakeholder interests.
More about Nexa Resources SA
Nexa Resources S.A. is a large-scale, low-cost, integrated polymetallic producer with zinc as its main product. With over 65 years of experience, the company operates mining and smelting assets in Latin America, including four underground polymetallic mines and one open pit mine in Peru and Brazil, as well as three smelters. Nexa was among the top five producers of mined and metallic zinc globally in 2024.
YTD Price Performance: -14.03%
Average Trading Volume: 37,650
Technical Sentiment Signal: Buy
Current Market Cap: $819.8M
For an in-depth examination of NEXA stock, go to TipRanks’ Stock Analysis page.