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Nexa Resources Plans Senior Notes Offering, Launches Cash Tender Offer for 2027, 2028 Notes
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Nexa Resources Plans Senior Notes Offering, Launches Cash Tender Offer for 2027, 2028 Notes
Mar 31, 2025 7:54 AM

10:25 AM EDT, 03/31/2025 (MT Newswires) -- Nexa Resources ( NEXA ) said Monday that it plans to offer new senior unsecured notes guaranteed by its Nexa Recursos Minerais and Nexa Resources Cajamarquilla units.

The company said net proceeds from the notes offering will be used to fund a cash tender offer for its existing notes due 2027 and notes due 2028, for the redemption of any remaining notes due 2027 not repurchased under the tender offer, and for general corporate purposes.

Nexa announced the cash tender offer the same day to purchase any and all of its outstanding $215.5 million 5.375% notes due 2027 and $400.5 million 6.5% notes due 2028. The offer is set to expire on April 4, the company added.

Price: 6.10, Change: -0.09, Percent Change: -1.45

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