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Buenaventura Raises $650 Million Through Senior Unsecured Notes Issuance
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Buenaventura Raises $650 Million Through Senior Unsecured Notes Issuance

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An announcement from Compania de Minas Buenaventura SAA ( (BVN) ) is now available.

On February 4, 2025, Compañia de Minas Buenaventura S.A.A., Peru’s leading precious metals mining company, announced the successful issuance of $650 million in senior unsecured notes due 2032 with an interest rate of 6.800% per annum. The proceeds from this issuance will be used to refinance existing notes due in 2026 and for general corporate purposes, which is expected to strengthen the company’s credit profile and extend its debt maturities, demonstrating investor confidence.

More about Compania de Minas Buenaventura SAA

Compañía de Minas Buenaventura S.A.A. is the largest publicly traded precious and base metals company in Peru, focusing on the exploration, mining development, processing, and trade of gold, silver, and other base metals. The company operates several wholly-owned mines and joint venture projects in Peru and holds a 19.58% stake in Sociedad Minera Cerro Verde, a significant Peruvian copper producer.

YTD Price Performance: 7.19%

Average Trading Volume: 947,148

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.07B

For detailed information about BVN stock, go to TipRanks’ Stock Analysis page.

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