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Freeport-McMoRan (FCX) Prices Aggregate $3B Senior Notes Offering

February 9, 2012 6:55 AM EST
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced the pricing of $3.0 billion of senior notes.

The sale of the senior notes is expected to settle on February 13, 2012, subject to customary closing conditions. FCX intends to use the net proceeds from the offering plus cash on hand to redeem its outstanding 8.375% Senior Notes due 2017.

For more color on the specific pricing, click here.


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