UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 10, 2025 (February 5, 2025)
SOUTHERN COPPER CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware |
| 1-14066 |
| 13-3849074 |
(State or Other Jurisdiction | | (Commission File Number) | | (IRS Employer |
1440 E. Missouri Ave., Suite 160, Phoenix, AZ 85014
(Address of principal executive offices, including zip code)
(602) 264-1375
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
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| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class: |
| Trading Symbol |
| Name of each exchange on which registered: |
Common stock, par value $0.01 per share | SCCO | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01Other Events.
On February 5, 2025, Minera Mexico, S.A. de C.V. (“Minera Mexico” or the “Company”), an indirect subsidiary of Southern Copper Corporation, priced US$1.0 billion aggregate principal amount of 5.625% Senior Notes due 2032, in an unregistered offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933. The transaction is expected to close on February 12, 2025, subject to customary closing conditions. The Company intends to use the net proceeds from this offering (i) for capital expenditures and (ii) for general corporate purposes.
The 5.625% Senior Notes due 2032 have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The information in this Current Report on Form 8-K does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SOUTHERN COPPER CORPORATION | |
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| By: | /s/ Andres Carlos Ferrero |
| Name: | Andres Carlos Ferrero |
| Title: | General Counsel |
Date: February 10, 2025
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