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. On June 25, 2012, Standard&Poor's Rating Services 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 the corporate credit rating) issue-level rating
