The legal team represents the financial advisers handling the $217 million debt exchange for Mexico's Cobre del Mayo.
March 11, 2016 at 12:00 AM
1 minute read
A Jones Day team represented financial advisers Jefferies LLC and BCP Securities LLC in restructuring $217 million in debt due in 2018 for a Mexican copper mining company hurt by the decline in commodity prices.
Cobre del Mayo SA of Sonora, Mexico, refinanced its 10.75 percent senior notes for $119.5 million of senior secured PIK toggle notes due in 2021 and $97.8 million of junior non-interest bearing notes due in 2045.
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