Moody's Ratings (Moody's) assigned ratings to Capstone Copper Corp. (Capstone), consisting of a Ba3 corporate family rating (CFR), a Ba3-PD probability of default rating, and a B1 rating to the proposed $500 million senior unsecured notes. At the same time an SGL-2 Speculative Grade Liquidity Rating...
What you need to know: • The precious metals and base metals markets were down in the month of May, however, we view this as a healthy pull-back following two strong months in March and April. • M&A remained elevated in the month following what appears to be the peaking of rates and inflation, and persistent elevated metals prices. • With inflation remaining sticky, we believe investors have begun turning to safe-haven assets like gold and silver. Sentiment Update Following two very strong mont...
Capstone Copper and Orion Announce C$285 Million Secondary Bought Deal Offering of Common Shares NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES VANCOUVER, British Columbia, March 22, 2023 (GLOBE NEWSWIRE) -- Capstone Copper Corp. (“Capstone” or the “Company”) (TSX:CS) and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP (collectively “Orion” or the “Selling Shareholders”) jointly announce that they have entered into an agreement with a syndicate of underwriters led by National Bank Financial and Scotiabank (co...
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