Ian Snyder's questions to Southern Copper Corp (SCCO) leadership • Q3 2024
Question
Ian Snyder asked about the company's plans for debt issuance over the next 12 months, specifically in relation to a 2025 bond maturity and funding elevated CapEx for projects like Tia Maria. He also questioned if a refinancing could be upsized for expansion.
Answer
Executive Raul Jacob indicated that Southern Copper will likely tap the debt markets in the coming quarters as major projects like Tia Maria commence, but no specific plan is in place yet. The company is waiting for a more favorable interest rate environment before finalizing any structure for refinancing or new debt to fund projects and corporate activities.