Buenaventura Settles Tender Offer for 2026 Notes

TL;DR

Buenaventura's 2026 notes tender offer is settled, with all tendered debt accepted.

AI Summary

Compañía de Minas Buenaventura S.A.A. announced on February 4, 2025, the settlement of its tender offer for any and all of its outstanding 5.500% Senior Notes due 2026. The company accepted for purchase all tendered notes, with settlement expected on February 5, 2025.

Why It Matters

This action indicates the company is managing its debt obligations, potentially refinancing or retiring notes due in 2026.

Risk Assessment

Risk Level: low — The filing is a routine announcement regarding the settlement of a previously disclosed tender offer.

Key Players & Entities

• Compañía de Minas Buenaventura S.A.A. (company) — Issuer of the notes and subject of the tender offer
• 5.500% Senior Notes due 2026 (debt_instrument) — The specific notes subject to the tender offer
• February 4, 2025 (date) — Date of the announcement and settlement initiation
• February 5, 2025 (date) — Expected settlement date for the tendered notes

FAQ

Key Financial Figures

• $401,392,000 — een validly withdrawn with respect to US$401,392,000 in aggregate principal amount of Notes,
• $1,000 — elivery Procedures, for the amount of US$1,000 per US$1,000 principal amount of Notes,

Filing Documents

• tm255431d1_6k.htm (6-K) — 16KB
• 0001104659-25-009225.txt ( ) — 17KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2025 Commission File Number: 001-14370 COMPANIA DE MINAS BUENAVENTURA S.A.A. (Exact name of registrant as specified in its charter) BUENAVENTURA MINING COMPANY INC. (Translation of registrant’s name into English) AV. BEGONIAS NO. 415, 19TH FLOOR, SAN ISIDRO, LIMA, PERU (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No Announcement of Settlement of Tender Offer by Compañía de Minas Buenaventura S.A.A. for Any and All of its 2026 Notes Lima, February 4, 2025 – Compañía de Minas Buenaventura S.A.A. (“ Buenaventura ”) (NYSE: BVN) announces today the settlement of the cash tender offer (the “ Tender Offer ”) for any and all of its outstanding 5.500% Senior Notes due 2026 (the “Notes”) (144A CUSIP / ISIN: 20448 AA2 / US20448AA22 and Regulation S CUSIP / ISIN: P6680P AA9 / USP6680PAA95), on the terms and subject to the conditions set forth in Buenaventura’s Offer to Purchase dated January 23, 2025 (the “ Offer to Purchase ”) and the related notice of guaranteed delivery (the “ Notice of Guaranteed Delivery ” and together with the Offer to Purchase, the “ Tender Offer Documents ”). Capitalized terms used in this press release but not otherwise defined have the meanings given to them in the Offer to Purchase. The Tender Offer expired on January 29, 2025 at 5:00 p.m., New York withdrawn with respect to US$401,392,000 in aggregate principal amount of Notes, or approximately 72.98% of the Notes outstanding, which includes Notices of Guaranteed Delivery validly tendered by the Guaranteed Delivery Expiration Time pursuant to the Guaranteed Delivery Procedures. Buenaventura today accepted and made payment to Holders of Notes who (i) validly tendered their Notes at or prior to the Expiration Time and did not validly withdraw their Notes at or prior to the Withdrawal Deadline or (ii) delivered a Notice of Guaranteed Delivery at or before the Expiration Time and validly tendered their Notes at or prior to the Guaranteed Delivery Expiration Time using the Guaranteed Delivery Procedures, for the amount of US$1,000 per US$1,000 principal amount of Notes, plus accrued and unpaid interest from the last interest payment date to, but excluding, the Settlement Date. The complete terms and conditions of the Tender Offer are described in the Offer to Purchase and the Notice of Guaranteed Delivery, copies of which may be obtained from D.F. King & Co., Inc., the tender agent and information agent (the “ Tender Agent and Information Agent ”) for the Tender Offer, at www.dfking.com/buenaventura, by telephone at +1 (800) 370-1749 (U.S. toll free) or +1 (212) 269-5550 (collect), or by email to buenaventura@dfking.com . Buenaventura has engaged Banco BTG Pactual S.A. – Cayman Branch and J.P. Morgan Securities LLC to act as the dealer managers (the “ Dealer Managers ”) in connection with the Tender Offer. Questions regarding the terms of the Tender Offer may be directed to Banco BTG Pactual S.A. – Cayman Branch, at +1 (212) 293-4600 (collect) and J.P. Morgan Securities LLC, at +1 (212) 834-7279 (collect) or +1 (866) 846-2874 (toll Free). Disclaimer This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities. The Tender Offer was made solely by means of the Offer to Purchase. The Tender Offer was not made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offer was deemed to be made on behalf of Buenaventura by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction. This press release may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, including those related to the Tender Offer. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the f

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