02:04 PM EDT, 05/29/2025 (MT Newswires) -- Endeavour Mining ( EDVMF ) on Thursday said it completed an offering of US$500 million 7% senior notes due 2030.

The company said proceeds, as well as cash on hand, will be used to finance the purchase its outstanding 5% Senior Notes due 2026 tendered to its cash tender offer, and pay fees and expenses in relation to the offering and the tender offer.

Endeavour Mining ( EDVMF ) also added that US$464.3 million of existing notes had been tendered in the tender offer. It added that the new financing condition to the tender offer has been satisfied and that it will pay the applicable purchase price with respect to existing notes accepted for purchase promptly after the expiration deadline, on the settlement date which is expected to be May 30.

Shares of the company were last seen down $0.32 to $42.60 on the Toronto Stock Exchange.

Price: 42.62, Change: -0.30, Percent Change: -0.70