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Article: HudBay Announces Cash Tender Offer and Consent Solicitation by Its Subsidiary Hudson Bay Mining and Smelting Co., Limited for Any and All of Its Outstanding 9 5/8% Senior Secured Notes Due 2012
- Article from:
- CCNMatthews Newswire
- Article date:
- November 22, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WINNIPEG, MANITOBA--(CCNMatthews - Nov. 22, 2006) - HudBay
Minerals Inc. ("HudBay") (TSX:HBM) today announced that its wholly-
owned subsidiary, Hudson Bay Mining and Smelting Co., Limited
("HBMS"), has commenced a cash tender offer for any and all of the
approximately US$45.1 million aggregate principal amount of HBMS'
outstanding 9 5/8% Senior Secured Notes due 2012 (the "Notes") on the
terms and subject to the conditions set forth in its Offer to
Purchase and Consent Solicitation Statement, dated November 22, 2006,
and the related Letter of Transmittal and Consent. HBMS is also
soliciting consents to amend the indenture governing the Notes in
order to eliminate most of the restrictive ...