Nexa Resources Announces Plan to Offer New Senior Unsecured Notes

Nexa Resources S.A., a key player in zinc production, revealed its intention to issue new senior unsecured notes, with guarantees from Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A. These funds are primarily aimed at facilitating a cash tender offer for its 2027 and 2028 existing notes, with any surplus directed towards general corporate endeavors, including liability management.

These obligations will not be secured and come with full guarantees from the mentioned entities, ranking equally with other unsecured and unsubordinated debts. Notably, the notes are specifically targeted at qualified institutional buyers or non-U.S. persons, given their unregistered status under the Securities Act and state securities laws, indicating a strategic approach to compliance and distribution.

The announcement clarifies that this move is not an open solicitation for security purchases and will adhere to legal regulations in each jurisdiction to avoid unlawful offerings. This strategic financial maneuver is part of Nexa's broader operational framework, aiming to optimize its financial structure amidst its significant role in the global zinc market and ongoing mining projects.