May 14, 2012 / 11:24 AM / 5 years ago

HudBay announces $400 million debt offering

(Reuters) - Canadian base metal miner HudBay Minerals Inc (HBM.TO) announced a $400 million debt offering on Monday, which it plans to use to fund its development projects in the province of Manitoba.

If its Constancia project in Peru won board approval, the miner said it also would plan to use some of the proceeds from the senior unsecured notes offering toward the development of that project.

Reporting By Euan Rocha; Editing by Gerald E. McCormick

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