Simpson Thacher Represents Underwriters in $475 Million Notes Offering by Hecla Mining
02.19.20
This is only gets display when printing
Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, in connection with a registered offering by Hecla Mining Company (“Hecla Mining”) of $475 million aggregate principal amount of its 7.25% Senior Notes due 2028. Hecla Mining intends to use the net proceeds, together with cash on hand, to redeem all of its outstanding 6.875% Senior Notes due 2021.
Hecla Mining is a leading low-cost U.S. silver producer with operating mines in Alaska, Idaho and Mexico, and is a growing gold producer with operating mines in Nevada and Quebec, Canada.
The Simpson Thacher team for the transaction included Ryan Bekkerus, Tony Rim and Xochitl Romo (Capital Markets); Jon Cantor and Nicole Humphrey (Tax); Jenny Neilsson (Executive Compensation and Employee Benefits); Adeeb Fadil and Noreen Lavan (Environmental); Lori Lesser (Intellectual Property); and Andrew Pagliughi (FINRA and Blue Sky).