Coeur Completes $200 Million At-the-Market Common Stock Offering and Announces Partial Redemption of Its 7.875% Senior Notes Due 2021
November 17, 2016
With the completion of our ATM equity offering and expected further reductions in our remaining debt levels, we plan to end the year with one of the stronger, more flexible balance sheets in the sector, said Mitchell J. Krebs, President and Chief Executive Officer. Following the completion of this partial redemption, our total debt will have declined by over 60% since the end of the third quarter 2015, translating to over $29 million in anticipated annual cash interest savings that will be invested in initiatives that will lead to high-quality future growth of our Company.
