Home : May 2012 : May 07, 2012 News : Inmet Mining Announces Launch of US $1 Billion Senior Notes Offering

Inmet Mining Announces Launch of US $1 Billion Senior Notes Offering

May 07, 2012

TORONTO, CANADA--(Marketwire - May 6, 2012) - Inmet Mining Corporation (TSX:IMN) (Inmet) today announces that it intends to offer a US $1,000,000,000 aggregate principal amount of senior unsecured notes maturing 2020 (the "Notes"). The interest rate and other terms of the Notes will be determined based on prevailing market conditions. Inmet intends to use the net proceeds of the Notes to fund development of Cobre Panama.

http://www.marketwire.com/mw/release.do?id=1653210&sourceType=3
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