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Hudbay Minerals Announces Repayment of 2026 Senior Unsecured Notes

BY MT Newswires | CORPORATE | 08:02 AM EDT

08:02 AM EDT, 04/02/2026 (MT Newswires) -- Hudbay Minerals (HBM) on Thursday said that it repaid in full all of its outstanding 4.50% senior unsecured notes due 2026, which were originally issued in an aggregate principal amount of US$600 million.

The company said it repaid the outstanding aggregate principal amount of US$472.5 million of 2026 Notes on maturity on April 1, 2026 using a combination of available cash on hand and a US$272 million draw on its low-cost revolving credit facilities.

"The repayment of the 2026 Notes using available liquidity is consistent with Hudbay's prudent balance sheet management and focus on cost of capital and provides the Company with improved financial flexibility in advance of a Copper World sanctioning decision later this year," added the company.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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