International law firm Milbank, Tweed, Hadley & McCloy represented First Quantum Minerals Ltd. (“FQM”) in the issuance of $850 million senior notes pursuant to Rule 144A and Regulation S.
The proceeds of the notes were used to refinance debt under a revolving credit facility. As a leading international mining and metals company engaging in exploration, mine development and production, FQM has a global portfolio of mining assets located in Australia, Finland, Mauritania, Panama, Peru, Spain, Turkey and Zambia. The company is headquartered in Vancouver, British Columbia and employs more than 13,600 people worldwide. In 2013, sales revenues of FQM exceeded $3,550 million.
The Milbank Global Securities team was led by partner Peter Schwartz and included associates Noel Hughes, Cora Fanning and Albert Aharonian. Also providing advice on various points in the transaction were: Tax partner Andrew Walker and associate Erika Hauser, Leveraged Finance Partner Neil Caddy, Project Finance Partner Phillip Fletcher and Project Finance associate Vicky Cox.
Milbank has advised FQM on its corporate bond issuances since 2012.
WANT TO BUILD A FINANCIAL EMPIRE?
Subscribe to the Global Banking & Finance Review Newsletter for FREE Get Access to Exclusive Reports to Save Time & Money
By using this form you agree with the storage and handling of your data by this website. We Will Not Spam, Rent, or Sell Your Information.