Hudbay Completes US$150M Offering of Senior Unsecured Notes

HudBay Minerals Inc. (“Hudbay”) (TSX:HBM)(NYSE:HBM) completed its previously announced offering of US$150-million aggregate principal amount of its 9.50 per cent senior unsecured notes due October 1, 2020. The Notes are additional to the US$500-million notes that Hudbay issued in September 2012, and were initially purchased by Jefferies LLC. Hudbay plans to use the net proceeds from the offering for general corporate purposes and the development of its Lalor and Reed projects in Manitoba and its Constancia project in Peru.

Hudbay was represented in-house by Pat-rick Donnelly, Maria Virginia Anzola and Mark Haber; and in the US by Sullivan & Cromwell LLP with a team that included John Estes, Alexandria Yestrumskas and Jennifer Lee (corporate/securities); and in Canada by Goodmans LLP with a team that included Jonathan Lampe, Kari MacKay, Leah Boyd and Adam Chambers (corporate/securities) and Mark Biderman (tax). Jeff Kowall of Thompson Dorfman Sweatman LLP assisted HudBay in Manitoba.

Jefferies LLC was represented in the US by Shearman & Sterling LLP with a team that included Michael Benjamin, Thaddeus Pitney, Quentin Wiest and Yui Le; and in Canada by Stikeman Elliott LLP with a team that included Marc-André Wolfe, Charlie Lamb and Eliza Dinale.


Mark Biderman Jeffrey A. Kowall Jonathan Lampe Kari MacKay


Sullivan & Cromwell LLP Goodmans LLP Thompson Dorfman Sweatman LLP Shearman & Sterling LLP Stikeman Elliott LLP