saucy doubts and fears

HudBay (HBM.to) (HBM) and the big boot forward

Debt problem? What debt problem? Just boot it forwards guys, nobody’ll notice that way. Here’s the NR, here’s the top bit:
TORONTO, ON–(Marketwired – November 28, 2016) – HudBay Minerals Inc. (“Hudbay” or the “company”) (HBM) (HBM)
today announced that it is offering US$1.0 billion aggregate principal
amount of senior notes in two series, including a series of senior notes
due 2023 (the “2023 Notes”) and a series of senior notes due 2025 (the
“2025 Notes” and, together with the 2023 Notes, the “New Notes”). The
aggregate principal amount, interest rate and other terms of each series
of the New Notes will be determined at pricing and are dependent upon
market conditions and other factors.
also announced today that it is commencing an offer to purchase for
cash (the “Tender Offer”) any and all of its outstanding US$920 million
aggregate principal amount of 9.500% senior notes due 2020 (the
“Existing Notes”) on the terms and subject to the conditions set forth
in an offer to purchase and consent solicitation statement dated
November 28, 2016 (the “Offer to Purchase”).

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