Bombardier Inc.

Bombardier Inc.

First Quantum Announces $450 Million Partial Redemption of 2024 Notes

First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM) today announced that it intends to issue a notice of partial redemption on February 15, 2023 for $450 million of its outstanding 2024 notes. This move is part of the company's strategic financial planning to optimize its debt structure and reduce interest costs.

This decision reflects First Quantum's commitment to managing its debt profile efficiently and maintaining a strong financial position. By redeeming a portion of its 2024 notes, the company aims to enhance its liquidity and flexibility, which will support its ongoing operations and growth initiatives. Investors and stakeholders can expect further updates on First Quantum's financial activities as the redemption process unfolds.