Freeport-McMoRan Inc.

Freeport-McMoRan Inc. announced today that it has amended its previously announced tender offers to increase the aggregate purchase price from up to $800 million to $1.5 billion that it may use to purchase a portion of its outstanding 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 , upon the terms and conditions set forth in the Offer to Purchase, dated July 13, 2020. In [...]

Freeport-McMoRan Inc. announced today that it has priced an upsized offering of $1.5 billion of senior notes . The offering size was increased to $1.5 billion from the previously announced $800 million aggregate principal amount. Following is a summary of the two tranches of debt: Description Amount Maturity 4.375% Senior Notes $650.0 Due August 1, 2028 4.625% Senior Notes $850.0 Due August 1, 2030 Total $1,500.0 The sale [...]

Freeport-McMoRan Inc. announced today that it has commenced cash tender offers to purchase a portion of its outstanding 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 for an aggregate purchase price up to $800 million , subject to the acceptance priorities set forth in the table below and the 2024 SubCap . Series of Notes CUSIP Number Aggregate Principal Amount Outstanding SubCap [...]

Freeport-McMoRan Inc. announced today that it intends to offer, subject to market and other conditions, senior notes in two tranches in an underwritten registered public offering. FCX intends to use the net proceeds from the offering and, if necessary, cash on hand or available liquidity to fund its concurrent cash tender offers for up to $800 million aggregate purchase price of its 3.55% Senior Notes due 2022, 3.875 [...]

Freeport-McMoRan Inc. today provided an update on its second quarter operational and financial performance and ongoing response to the COVID-19 pandemic. In April 2020, FCX announced revised operating plans in response to the global COVID-19 pandemic and resulting negative impact on the global economy. The Company is executing the revised operating plans in an effective manner while prioritizing the health and well-being [...]

Freeport-McMoRan Inc. today announced the publication of its 2019 Annual Report on Sustainability, “Building on Strength.” This report details the company’s long-standing commitment to manage responsibly our environmental, social and governance performance. FCX is committed to prioritizing the health, safety and well-being of its workforce and host communities, meeting the highest standards of environmental stewardship [...]

Freeport-McMoRan Inc. today announced that it has posted its press release outlining its revised operating plans in response to the COVID-19 pandemic and its first-quarter 2020 financial and operating results on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. This press release features multimedia. View the full release here [...]

Freeport-McMoRan Inc. today announced that it will release revised operating plans in response to the COVID-19 pandemic and first-quarter 2020 financial and operating results before the market opens on Friday, April 24, 2020, and will host a conference call with securities analysts on the same day at 10:00 a.m. Eastern Time to discuss the revised plans and results. Please visit FCX’s website at fcx.com on April 24, 2020 [...]

Freeport-McMoRan Inc. announced today that the Peruvian Government has extended the declaration of a National Emergency until April 26, 2020, associated with the Peruvian government’s efforts to contain the outbreak of COVID-19. Cerro Verde is conducting limited operations in accordance with the government order and is completing actions to provide additional onsite facilities and enhanced health protocols to enable [...]

Freeport-McMoRan Inc. announced today that the Peruvian Government has extended the declaration of a National Emergency to April 12, 2020, associated with the Peruvian government?s efforts to contain the outbreak of COVID-19. Cerro Verde is engaged in discussions with Peruvian government authorities regarding health protocols which would enable Cerro Verde to conduct limited operations during the state of emergency and [...]