SSR Mining Completes $230 Million Offering of Convertible Senior Notes
Paul Benson, President and CEO commented, “Completing this Offering provides certainty to our capital structure, while lowering the interest rate of our debt. With our existing 2013 convertible notes having an effective maturity on February 1, 2020, the Offering enables us to immediately repurchase approximately $150 million of the 2013 convertible notes and provides the capital to redeem the outstanding balance early next year. The refinancing also maintains our conservative leverage ratio and provides a stronger capital base as we continue investing in our assets and evaluating further opportunities that will benefit our shareholders. We believe cash remains a strategic asset and provides a competitive advantage in market conditions that remain challenging for equity capital.”










