
Loan & DebtJun 17, 2026, 04:30 PM
Hudbay Prices $52M Copper World Bonds at 4.50%
AI Summary
Hudbay Minerals Inc. announced the pricing of US$52 million in 4.50% Arizona Industrial Development Authority Solid Waste Disposal Revenue Bonds. These bonds will finance eligible expenditures for the Copper World project in Arizona. Hudbay and its subsidiaries will guarantee the obligations, with the transaction expected to close on June 24, 2026.
Key Highlights
- Hudbay priced US$52 million in Copper World Bonds.
- Bonds carry a 4.50% interest rate.
- Proceeds will fund the Copper World project in Arizona.
- Hudbay and its subsidiaries will guarantee the bond obligations.
- Transaction expected to close on June 24, 2026.
- Bonds have an initial mandatory tender date of July 2, 2036.
Price Impact
More from HBM