Freeport plans to offer $350 million notes
Wednesday, January 28 2004 - 12:47 AM WIB
US copper and gold miner Freeport-McMoRan Copper & Gold Inc. (FCX) announced Tuesday it planned to privately offer US$350 million of senior notes due 2014.
FCX said it would use the net proceeds of the offering to repay certain Atlantic Copper borrowings, provide funding for its 2004 debt maturities and for other corporate purposes, including additions to working capital and possible additional repayments of debt. (alex)