Southern Copper prices $1.25B debt offering: 5.350% notes due 2036 at 99.801% of par

Filed June 17, 2026 · ~2 min read

Key Changes

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  Southern Copper is issuing $1.25 billion of 10-year senior unsecured notes with a 5.350% coupon, priced at 99.801% of par (a slight discount to face value). Interest is payable semi-annually starting December 24, 2026.

  The Offering verify on EDGAR →
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  Net proceeds will fund development of the Tia Maria mining project, capital expenditures for the company's Peruvian branch operations, and general corporate purposes including working capital. Management has discretion over the allocation.

  Use of Proceeds verify on EDGAR →
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  The notes are structurally subordinated to all debt and obligations of the company's subsidiaries, including trade payables. Subsidiaries do not guarantee the notes, yet the company depends on subsidiary cash flow to service them.

  Risk Factors verify on EDGAR →