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Endeavour Silver Prices Offering of Convertible Senior Notes
Endeavour Silver plans to use proceeds from US$300 million convertible notes to repay debt and advance the Pitarrilla project, with notes carrying 0.25% annual interest.
- On Dec. 01, 2025, Endeavour Silver Corp. priced unsecured convertible senior notes due 2031, intending to issue US$300 million or US$350 million if initial purchasers exercise their option.
- Endeavour intends to use proceeds to repay senior secured debt with ING Capital LLC and Société Générale, and fund the Pitarrilla project in Durango State, Mexico, supporting its four operating mines.
- The initial conversion rate represents a premium of approximately 32.5% relative to today's closing market price of the Shares on the NYSE, and the Notes will bear cash interest semi‑annually at 0.25% per annum.
- Closing is expected on or about December 4, 2025, subject to customary conditions including Toronto Stock Exchange and New York Stock Exchange approvals; The Notes and Shares are unregistered under the U.S. Securities Act of 1933.
- Endeavour warns forward-looking statements involve risks including failure to satisfy closing conditions and market demand, commodity and currency fluctuations, and operational risks in Mexico and Peru; contact Allison Pettit for details.
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The Hamilton SpectatorReposted by 
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resource-capital.chEndeavour Silver Launches Offering of Convertible Senior Notes
VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces that it is offering US$300 million aggregate principal amount of unsecured convertible senior notes due 2031 (the “Notes”) pursuant…
·Hamilton, Canada
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Leaning Left6Leaning Right2Center1Last UpdatedBias Distribution67% Left
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L 67%
11%
R 22%
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