Taseko Mines (TSE:TKO) has released an update.
Taseko Mines Limited has successfully issued US$500 million in Senior Secured Notes due 2030, with plans to use a part of the proceeds to redeem US$400 million worth of existing notes maturing in 2026. The remaining funds, after covering transaction costs and accrued interest, will be allocated for capital projects, working capital, and overall corporate needs. This strategic financial move aims to enhance the company’s financial flexibility, particularly as it progresses with the construction of the Florence Copper project.
For further insights into TSE:TKO stock, check out TipRanks’ Stock Analysis page.
