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First Quantum refinancing to fit Cobre timeline

First Quantum Minerals (CN:FM) will even up its debt repayments with revenue from the upcoming Cobre Panama project in Panama by launching a US$1.6 billion offering of senior notes.

First Quantum refinancing to fit Cobre timeline First Quantum refinancing to fit Cobre timeline First Quantum refinancing to fit Cobre timeline First Quantum refinancing to fit Cobre timeline First Quantum refinancing to fit Cobre timeline

Cobre Panama in 2015

First Quantum will pay off some current debt and push back maturities due in 2019-1920 to 2023-2025 with the notes.

The Canadian copper-focused company expects to start production at the $5.