Sidley advised First Quantum Minerals Ltd. on its issuance of US$850 million Senior Notes Due 2024 and US$1.0 billion Senior Notes Due 2026. The proceeds of the issuance will be used to repay the company’s revolving credit facility with a view to providing liquidity sufficient to fund the company’s share of remaining capital expenditures at the Cobre Panana project, to repay its term loan facility, for general corporate purposes and to pay fees associated with the offering.

Toronto Stock Exchange-listed First Quantum Minerals Ltd. is a leading international mining and metals company, engaging in exploration, mine development and production, with a portfolio of mining assets located in Argentina, Australia, Finland, Mauritania, Panama, Peru, Spain, Turkey and Zambia.

The London-based Sidley Capital Markets team was composed of partner Noel Hughes and associates Christianne Williams, Albert Aharonian, Anthony Sanderson and Zoe Woodhouse.