Endeavour launches $500 million senior notes offering due 2030

LONDON - Endeavour Mining plc (LSE:EDV, (TSX:EDV), OTCQX:EDVMF), a significant player in the gold mining industry, has announced the launch of a $500 million fixed-rate senior notes offering due in 2030. The proceeds from this offering are intended to finance the repurchase of the company’s existing $500 million 5.000% senior notes due in 2026 through a cash tender offer, which is being conducted concurrently with the new offering.

The company has stated that the funds raised will also cover fees and expenses related to these transactions. Endeavour Mining operates across Senegal, Côte d’Ivoire, and Burkina Faso, with a focus on responsible mining practices and sustainable value delivery.

The notes and their guarantees have not been registered under U.S. securities laws or any other jurisdiction and will not be offered in the United States without registration or an exemption from registration requirements. The offering is directed only at qualified investors, professional clients, and eligible counterparties, excluding retail investors in the European Economic Area (EEA) and the United Kingdom (TADAWUL:4280) (UK), in compliance with applicable regulations.

The announcement emphasizes that the notes are not intended for distribution to any person in any jurisdiction where such distribution would be unlawful, and persons who come into possession of the document are responsible for informing themselves about and observing any such restrictions.

This offering announcement is informational and does not constitute an offer to sell or a solicitation of an offer to buy the notes or guarantees. There is no assurance that the offering will be completed or, if completed, the terms on which it is completed.

Endeavour Mining’s forward-looking statements regarding its intentions with the offering and guarantees are based on management’s estimates and assumptions but are subject to risks and uncertainties that could cause actual results to differ materially.

This news article is based on a press release statement from Endeavour Mining plc.

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