Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
FCX > SEC Filings for FCX > Form 8-K on 31-Mar-2014All Recent SEC Filings

Show all filings for FREEPORT MCMORAN COPPER & GOLD INC

Form 8-K for FREEPORT MCMORAN COPPER & GOLD INC


31-Mar-2014

Other Events


Item 8.01 Other Events.

Freeport-McMoRan Oil & Gas LLC (the "Successor Issuer") and FCX Oil & Gas Inc. (the "Co-Issuer" and together with the Successor Issuer, the "Subsidiaries"), wholly owned subsidiaries of Freeport-McMoRan Copper & Gold Inc. ("FCX"), will redeem on April 30, 2014 (the "Redemption Date") a total of 35% (or $210,000,000) of the aggregate principal amount of the Subsidiaries' outstanding 6.625% Senior Notes due 2021 ("Notes") at a redemption price of 106.625% of the principal amount thereof, plus accrued and unpaid interest on the Notes redeemed to, but not including, the Redemption Date. The aggregate Redemption Price will be funded with cash contributions from FCX to the Subsidiaries in exchange for additional equity in the Subsidiaries.

The Notes were issued under an Indenture (the "Original Indenture"), dated as of March 13, 2007, among Plains Exploration & Production Company ("PXP") and Wells Fargo Bank, N.A., as trustee (the "Trustee"), as supplemented by a Twelfth Supplemental Indenture (the "Twelfth Supplemental Indenture"), dated as of March 29, 2011, by and among PXP, the guarantors named therein and the Trustee (the Original Indenture, as supplemented by the Twelfth Supplemental Indenture, as further supplemented by an Eighteenth Supplemental Indenture dated as of May 31, 2013, by and among the Successor Issuer, the Co-Issuer, PXP, the guarantor named therein, and the Trustee, collectively, the "Indenture").

This redemption is made at the option of the Subsidiaries under Articles 2 and 11 of the Indenture and the Global Securities (as defined in the Indenture) establishing the terms of the Notes pursuant to the Indenture. Wells Fargo Bank, N.A., as trustee, distributed to the registered note holders written notice of the terms of the redemption on March 31, 2014.


  Add FCX to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for FCX - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.