Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable - S&P Global Ratings’ Credit Research

Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable

Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable - S&P Global Ratings’ Credit Research
Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable
Published Jun 25, 2012
Published Jun 25, 2012
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Abstract:

U.S.–based silver miner Coeur d'Alene Mines Corp. plans to issue $350 million of unsecured notes and enter into a $100 million secured revolving credit facility. We are assigning our 'B+' corporate credit rating to the company and 'BB-' issue-level rating to the proposed unsecured notes, with a recovery rating of '2'. The stable rating outlook reflects our view that the company's operating performance will be able to support the rating despite price volatility and high operating costs. NEW YORK (Standard&Poor's) June 25, 2012--Standard&Poor's Rating Services said today it assigned its 'B+' corporate credit rating to Idaho-based Coeur d'Alene Mines Corp. The rating outlook is stable. In addition, we have assigned our 'BB-' (one notch higher than

  
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MLA:
S&P Global Ratings’ Credit Research. "Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable" Jun 25, 2012. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Coeur-d-Alene-Mines-Corp-Rated-B-350-Million-Proposed-Bond-Assigned-BB-Issue-Rating-Outlook-Stable-980037>
  
APA:
S&P Global Ratings’ Credit Research. (). Coeur d'Alene Mines Corp. Rated 'B+'; $350 Million Proposed Bond Assigned 'BB-' Issue Rating; Outlook Stable Jun 25, 2012. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Coeur-d-Alene-Mines-Corp-Rated-B-350-Million-Proposed-Bond-Assigned-BB-Issue-Rating-Outlook-Stable-980037>
  
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