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Mineros S.A. Secures Credit Ratings for Debt Financing Strategy

Story Highlights
  • Mineros S.A. is a gold mining company with operations in Colombia and Nicaragua.
  • Mineros received ‘B+’ and ‘B1’ ratings for its Senior Unsecured Notes, aiding its debt financing strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mineros S.A. Secures Credit Ratings for Debt Financing Strategy

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The latest update is out from Mineros SA ( (TSE:MSA) ).

Mineros S.A. has received initial credit ratings from S&P Global Ratings and Moody’s Ratings for its proposed Senior Unsecured Notes, marking a significant step in its strategy to secure debt financing for growth and capital expenditures. The ratings, ‘B+’ from S&P and ‘B1′ from Moody’s, both with a Stable outlook, validate Mineros’ financial position and growth strategy, enhancing its ability to access international debt markets for strategic initiatives.

The most recent analyst rating on (TSE:MSA) stock is a Buy with a C$5.50 price target. To see the full list of analyst forecasts on Mineros SA stock, see the TSE:MSA Stock Forecast page.

More about Mineros SA

Mineros S.A. is a Latin American gold mining company headquartered in Medellin, Colombia, with a diversified asset base including mines in Colombia and Nicaragua. The company has a strong focus on safety and sustainability, with over 50 years of operational experience. Mineros is listed on the Toronto Stock Exchange, Colombia Stock Exchange, and the OTCQX Best Market.

Average Trading Volume: 363,177

Technical Sentiment Signal: Hold

Current Market Cap: C$1.58B

See more data about MSA stock on TipRanks’ Stock Analysis page.

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