TSX:FMMetals and Mining
Evaluating First Quantum Minerals (TSX:FM) Valuation After $1 Billion Debt Restructuring and Balance Sheet Moves
If you have been following First Quantum Minerals (TSX:FM), you likely noticed the company’s headline-grabbing $1 billion senior notes issuance and a series of consecutive debt tender offers. Management is reshuffling the company’s debt stack, aiming to tackle upcoming maturities, reduce interest costs, and ultimately bolster financial flexibility. Moves like these might not be splashy acquisitions or mining discoveries, but they carry real significance for anyone considering what the next...