Freeport-McMoRan Copper & Gold Inc. Completes Sale of $6.5 Billion of Senior Notes in a Private Placement - "Freeport-McMoRan Copper & Gold Inc. (FCX) announced today that it has completed the sale of $6.5 billion of senior notes in four tranches, consisting of 5-year, 7-year, 10-year and 30-year senior notes. The offering generated net proceeds of approximately $6.4 billion, which FCX expects to use, together with the net proceeds of its $4.0 billion term loan, primarily to fund the acquisitions of Plains Exploration & Production Company (PXP) and McMoRan Exploration Co. (MMR), including for the payment of cash consideration for the acquisitions and the repayment of certain indebtedness of PXP." More
- 03/07/13 | Item |


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