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TORONTO, ONTARIO--(Marketwired - Oct. 10, 2014) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin Mining" or the "Company") is pleased to announce the pricing of its offering of US$1.0 billion of senior secured notes in two tranches, US$550 million of 7.5% Senior Secured Notes due 2020 (the "2020 Notes") and US$450 million of 7.875% Senior Secured Notes due 2022 (the "2022 Notes" and, together with the 2020 Notes, the "Notes"). The 2020 Notes will accrue interest at a rate of 7.5% per annum and will mature on November 1, 2020. The 2022 Notes will accrue interest at a rate of 7.875% per annum, and will mature on November 1, 2022. The offering of the Notes is expected to close on or about October 27, 2014, subject to the satisfaction of customary closing conditions. |
