Southern Copper Corporation Completes $1.25 Billion Notes Offering

Details

The notes will bear interest from June 24, 2026, payable semi-annually on June 24 and December 24 of each year, beginning on December 24, 2026. The offering resulted in net proceeds of approximately $1.241 billion, which will be used for the development of the Tia Maria project, the financing of the capital expenditure program, and/or for general corporate purposes of Southern Peru Copper Corporation, Sucursal del Perú. The offering was made pursuant to an underwriting agreement and a seventh supplemental indenture.

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About Southern Copper Corporation

Southern Copper Corporation is a leading integrated copper producer with exploration, mining, smelting, and refining operations. Boasting a significant presence in Peru and Mexico, the company is engaged in the extraction and production of copper, along with by-products such as molybdenum, silver, and zinc. Southern Copper's primary function is to supply raw materials critical for numerous sectors, especially construction, electronics, and renewable energy industries, where copper's conductivity and ductility are essential. Known for its large-scale mining operations and robust production capabilities, Southern Copper plays a crucial role in the global mining landscape. It provides significant contributions to the supply chain, meeting the increasing demand for copper driven by technological advancements and infrastructure projects worldwide. Based in Phoenix, Arizona, Southern Copper Corporation also underscores environmental management as part of its operational focus, aligning with global sustainability trends. The company is a pivotal player in delivering metal commodities that support economic development and technological progress on a global scale.