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Antofagasta raises US$500M with inaugural bond

Company diversifies funding sources

Paul Harris
Antofagasta's Los Pelambres mine in Chile

Antofagasta's Los Pelambres mine in Chile

The unsecured notes due 2030 will carry a 2.375% coupon. Proceeds will be used for general corporate purposes and will add liquidity to its balance sheet. The company's debt was $2.7 billion at the end...

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