 TORONTO, Feb. 22, 2021 GLOBE NEWSWIRE -- Hudbay Minerals Inc. Hudbay or the company TSX, NYSE:HBM today announced that it has priced an offering of US600 million aggregate principal amount of 4.50 senior notes due 2026 the New Notes. The New Notes will be issued at 100 of their principal amount, providing the company with gross proceeds of US600 million. The New Notes offering is expected to close on March 8, 2021, subject to customary closing conditions. Hudbay plans to use the net proceeds from the offering to fund the companys redemption of all of its outstanding US600 million aggregate principal amount of 7.625 senior notes due 2025 the 2025 Notes. 