Now, it was preparing yet another bond offering that would ensure these capital cost requirements would be fulfilled. Complicating matters was the fact that a rival, First Quantum Minerals, had made a $70 per share offer to purchase the company in November 2012. Construction the bond offering accordingly and the CFO has to weigh alternatives.
Learning Objective:
To consider the interaction between capital and acquisition - raising strategies.
To explore the pricing of corporate bonds.
To consider valuation problems in the setting of a mining company.
Publication Date: 10/09/2013
This is just an excerpt. This case is about Finance