McEwen Mining Completes Upsized $110 Million Offering of Convertible Senior Unsecured Notes
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McEwen Mining Inc. has successfully completed an upsized $110 million offering of 5.25% convertible senior unsecured notes due 2030. This includes a $95 million offering and a $15 million option exercised by initial purchasers.
February 11, 2025 | 10:45 pm
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McEwen Mining Inc. has completed a $110 million offering of convertible senior notes, which could provide the company with additional capital for growth and operations.
The successful completion of the $110 million offering of convertible senior notes provides McEwen Mining with significant capital, which can be used for expansion or operational needs. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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