Hudbay Announces Pricing for US$52 Million of Municipal Bonds for Copper World at 4.50% (opens original article in a new tab)

Hudbay Minerals Inc. has announced the pricing of US$52 million in municipal bonds for the Copper World project in Arizona, with a 4.50% interest rate, to finance project expenditures. The bonds will be issued by the Arizona Industrial Development Authority and guaranteed by Hudbay and its subsidiaries.

• Hudbay announces pricing for US$52 million in municipal bonds for Copper World project at 4.50% interest rate.
• Bonds will be issued by Arizona Industrial Development Authority and lent to Copper World LLC to finance project expenditures in Arizona.
• Hudbay and subsidiaries guarantee obligations under the loan agreement for the bonds.