Financing ·
Teck Resources Limited announced the commencement of consent solicitations for six series of outstanding notes…
TECKTeck Resources Ltd
Teck Resources Limited announced the commencement of consent solicitations for six series of outstanding notes totaling approximately $1.03 billion in aggregate principal amount, including the 2030, 2035, 2040, 2041, 2042, and 2043 Notes. The company seeks holder approval to amend covenants and events of default to align with Anglo American plc’s debt indenture in connection with their pending merger. Holders delivering valid consents will receive a cash consent fee of $1.00 per $1,000 principal amount. The solicitations expire on August 11, 2026, and are independent of the merger's completion status. Teck Resources Limited is a Canadian resource company focused on mining copper and zinc.