Hochschild Mining Reduces Debt

RNS Number : 8101U

Hochschild Mining PLC

21 October 2014

 



21 October 2014  

Hochschild Mining Reduces Debt with Repayment of Convertible Bond

Hochschild Mining plc today announces that following maturity of its 5.75 per cent senior unsecured convertible bonds on 20 October 2014, all outstanding convertible bonds have been redeemed. As a result, the principal amount of $114.9 million has been repaid in full, financed from existing cash resources.

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Enquiries:

Hochschild Mining plc

Charles Gordon                                                                                                           [phone]

Head of Investor Relations

RLM Finsbury

Charles O'Brien                                                                                                           [phone]

Public Relations

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About Hochschild Mining plc

Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has almost fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

 

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