First Quantum Minerals Ltd., founded in 1983 and headquartered in Vancouver, Canada, is a prominent mining company specializing in the production of copper and gold. The company operates several key mining projects, primarily focused on copper production, with significant assets located in Zambia, Panama, and Turkey.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FMCN 6.88% 2026-03-01 USDFirst Quantum Minerals Ltd. | Canada | 2026-03-01 | 6.875 | — |
| FMCN 6.88% 2027-10-15 USDFirst Quantum Minerals Ltd. | Canada | 2027-10-15 | 6.875 | 6.51 |
| FMCN 6.88% 2027-10-15 USDFirst Quantum Minerals Ltd. | Canada | 2027-10-15 | 6.875 | 6.51 |
| FMCN 8.63% 2031-06-01 USDFirst Quantum Minerals Ltd. | Canada | 2031-06-01 | 8.625 | 7.79 |
| FMCN 8.63% 2031-06-01 USDFirst Quantum Minerals Ltd. | Canada | 2031-06-01 | 8.625 | 7.55 |
| FMCN 9.38% 2029-03-01 USDFirst Quantum Minerals Ltd. | Canada | 2029-03-01 | 9.375 | 7.39 |
| FMCN 9.38% 2029-03-01 USDFirst Quantum Minerals Ltd. | Canada | 2029-03-01 | 9.375 | 7.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
First Quantum began issuing bonds to raise capital in the early 2000s, with notable issuances including a $1 billion bond in 2016 to refinance existing debt and fund expansion projects. As of October 2023, the company's bond yields are competitive within the industry, reflecting investor confidence despite market fluctuations. Recent developments include a successful $600 million green bond issuance aimed at financing environmentally sustainable projects, highlighting its commitment to responsible mining practices.