Cobre del Mayo S.A. de C.V. confirms its prior election to make a PIK payment of the interest due May 15, 2016 on its Senior Secured Notes due 2021 (the "Secured Notes")

MEXICO CITY, May 19, 2016 /PRNewswire/ -- As indicated in its press release of May 11, 2016, Cobre del Mayo S.A. de C.V., paid interest for the period February 9, 2016 through May 15, 2016, in kind. Information that holders of the Secured Notes may have received from third parties that the interest payment due May 15, 2016, would be paid in cash is incorrect.

As is permitted under the Indenture relating to the Secured Notes, interest paid in kind is included in a new principal amount of Secured Notes. New Secured Notes will not be issued.

For any inquiries please contact [email protected].

SOURCE Cobre del Mayo, S.A. de C.V.

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