FQM guides to pricing level just inside 2012’s for post-Inmet acquisition bond

By Francesca Young
08 May 2014

Emerging markets-focused miner First Quantum Minerals had released price guidance of 7%-7.25% for its $650m eight year bond and was looking to price the deal on Thursday evening in London.

The price talk level indicated that leads could push pricing inside the yield level at which FQM last came to the market in 2012.

The Ba3/B+/BB rated company's last Eurobond was priced in October 2012. Those $350m 7.25% 2019s are illiquid. Since then, FQM has taken over Inmet, ...

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