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Nexa reorganises debt as it monitors volatile zinc market

Base metals producer Nexa Resources is to raise US$500 million via a 6.5% senior unsecured bond to repay debt and bolster its balance sheet, and cope with the financial impacts of the COVID-19 pandemic.

Nexa reorganises debt as it monitors volatile zinc market Nexa reorganises debt as it monitors volatile zinc market Nexa reorganises debt as it monitors volatile zinc market Nexa reorganises debt as it monitors volatile zinc market Nexa reorganises debt as it monitors volatile zinc market

Magistral in Ancash, Peru

The total debt of the company will remain at just under $2 billion, but at a lower average interest rate and longer average due date.