Jul 2018
Conyers Dill & Pearman acted as British Virgin Islands counsel to HudBay Minerals Inc. (“HudBay”) and its subsidiaries, HudBay Peru S.A.C., HudBay (BVI) Inc., Hudbay Peru Inc., and 6202873 Canada Inc. in connection with a Fourth Amended and Restated Canadian Credit Facilities and Second Amended and Restated Peruvian Credit Facilities to HudBay’s senior credit facilities, with amongst others The Bank of Nova Scotia, as administrative agent, Canadian Imperial Bank of Commerce, ING Capital LLC, Bank of Montreal, Royal Bank of Canada, The Toronto-Dominion Bank, National Bank of Canada, and La Fiduciaria S.A., as Peruvian collateral agent. The two facilities have substantially similar terms and conditions and continue to provide revolving credit to a maximum amount of up to US$550 million.
HudBay (TSX, NYSE: HBM) is a Canadian integrated mining company with operations, development properties and exploration activities across the Americas. Its main focus is on the discovery, production and marketing of base and precious metals.
Counsel Cora Miller of Conyers’ BVI office advised on the matter working alongside Fasken Martineau DuMoulin LLP.