<div id="readability-page-1">04:43 AM EST, 12/04/2025 (MT Newswires) -- First Majestic Silver ( AG ) said late Wednesday it priced a $300 million offering of unsecured convertible senior notes due 2031 at par.The Canadian company intends to issue notes worth $350 million, if an overallotment option is fully exercised. The notes will bear cash interest semiannually at 0.125% per annum.First Majestic said it plans to use the net proceeds to repurchase part of its 0.375% convertible senior notes due 2027, among other things.The offering is expected to close by Monday.The company's shares were down 1.1% in recent premarket activity Thursday. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

First Majestic Silver has priced a $300 million offering of unsecured convertible senior notes due 2031. The company may issue up to $350 million if an overallotment option is exercised. The notes will bear 0.125% annual interest. Proceeds will be used to repurchase part of its 0.375% convertible senior notes due 2027. The offering is expected to close by Monday. Shares were down 1.1% in premarket activity.

First Majestic Silver Prices $300 Million Debt Offering