The company also signed a commitment letter with banks for a three-year revolving credit facility of US$100 million.
Mineros S.A. announced the commencement of investor meetings for a potential international offering of senior notes under Rule 144A/Reg S, through its subsidiary Mineros Netherlands B.V., for an initial aggregate amount of US$400 million and a five-year term.
The notes, to be structured as senior unsecured obligations, will be guaranteed by Mineros S.A. and its subsidiaries Hemco Mineros Nicaragua S.A. and Mineros Aluvial S.A.S. BIC.
The company reported that the proceeds from the issuance will be allocated to capital expenditure and general corporate purposes, consistent with its plan to strengthen its financial position and diversify funding sources.
In parallel, the mining company signed a commitment letter with Citigroup Global Markets Inc., Banco Santander S.A., and The Royal Bank of Canada for a US$100 million revolving credit facility, of which US$80 million has already been committed.
This three-year facility will bear interest at SOFR + 4% per annum and will be subject to the negotiation and execution of the definitive documentation. The borrower under the facility will be Mineros Netherlands B.V.
Read the original article in Forbes.co published on October 21, 2025: Click here.