Nexa Resources (NEXA) has released an update.
Nexa Resources has successfully completed a significant portion of its cash tender offer, purchasing 69.2% of its 2027 Notes and accepting a prorated amount of its 2028 Notes due to oversubscription, spending a total of US$103,051,943.46. Holders of the 2028 Notes tendered before the deadline will be subject to a proration factor due to the offer’s high demand. This strategic financial maneuver aims to optimize the company’s debt profile ahead of the 2028 maturity.
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