TSX:EDRMetals and Mining
Is Endeavour Silver (TSX:EDR) Using Low‑Coupon Convertible Debt to Quietly Redraw Its Risk‑Reward Profile?
In early December 2025, Endeavour Silver Corp. completed a US$300,000,000 offering of 0.25% senior unsecured convertible notes due 2031, issued at 100% of face value under Rule 144A and Regulation S.
The low-coupon, callable, and convertible structure of these Eurodollar senior notes gives Endeavour added funding flexibility while potentially limiting near-term interest costs as it advances its growth projects.
We’ll now examine how this sizeable low-coupon convertible note issuance could...