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Hochschild repays bonds early

Silver and gold miner Hochschild Mining (LN:HOC) has decided to repay its 7.75% bonds due in 2021 ahead of time, as it seeks to benefit from better debt options that are now on the table.

Staff reporter
Hochschild has repaid bonds early to refinance its debt on better terms

Hochschild has repaid bonds early to refinance its debt on better terms

It said in a statement that it would redeem all outstanding notes with outstanding principals, which add up to US$294.8 million, at a price of $103.875 per $100 principal amount. This means the company...

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