{"url_path":"/sec/scco/8-k/2026-06-25/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1001838/0001140361-26-026337-index.html","accession_number":"0001140361-26-026337","cik":"0001001838","ticker":"SCCO","issuer_name":"SOUTHERN COPPER CORP/","edgar_url":"https://www.sec.gov/Archives/edgar/data/1001838/0001140361-26-026337-index.html","primary_entity_key":"0001001838","primary_entity_name":"SOUTHERN COPPER CORP/"},"word_count":489,"has_tables":true,"body_markdown":"Item 1.01.\n\nEntry into a Material Definitive Agreement.\n\n \n\nOn June 24, 2026, Southern Copper Corporation (the “Company”) completed a registered public offering (the “Offering”) of U.S.$1.25 billion aggregate\nprincipal amount of its 5.350% notes due 2036 (the “Notes”).  The Notes will bear interest from June 24, 2026, payable semi-annually on June 24 and December 24 of each year, beginning on December 24, 2026. The Notes were offered by the Company\npursuant to its Registration Statement on Form S-3 (File No.333-296778) and the Prospectus included therein, filed with the Securities and Exchange Commission on June 15, 2026 and supplemented by the Prospectus Supplement dated June 16, 2026.  The\nOffering resulted in net proceeds, after deducting estimated offering expenses and underwriters’ discounts of approximately U.S.$2,500,000, of approximately U.S.$1,241,262,500.  The net proceeds from this Offering will be used by Southern Peru\nCopper Corporation, Sucursal del Perú, our Peruvian branch (“SPCC”), for the development of the Tia Maria project, the financing of the capital expenditure program of SPCC, and/or for general corporate purposes of SPCC, including but not limited to\nworking capital (and expenses due in the short term).\n\n \n\nOn June 16, 2026, the Company entered into an Underwriting Agreement, dated June 16, 2026 (the “Underwriting Agreement”), with BofA Securities, Inc.,\nMorgan Stanley & Co. LLC, Barclays Capital Inc. and Santander US Capital Markets LLC (collectively, the “Underwriters”), in connection with the issuance and sale by the Company of the Notes.  Pursuant to the Underwriting Agreement, the Company\nagreed to sell the Notes to the Underwriters, and the Underwriters agreed to purchase the Notes for resale to the public.  The Underwriting Agreement includes customary representations, warranties and covenants by the Company.  It also provides for\ncustomary indemnification by each of the Company and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities.\n\n \n\nPursuant to an Indenture, dated April 16, 2010 (the “Indenture”), between the Company and Computershare Trust Company, National Association, as trustee\n(the “Trustee”), the Company and the Trustee entered into a Seventh Supplemental Indenture dated as of June 24, 2026 (the “Seventh Supplemental Indenture”).  The Seventh Supplemental Indenture provides for the issuance, and set forth the terms of,\nthe Notes.  The Indenture and the Seventh Supplemental Indenture contain covenants that limit the Company’s ability to, among other things, incur certain liens securing indebtedness, engage in certain sale and leaseback transactions, and enter into\ncertain consolidations, mergers, conveyances, transfers or leases of all or substantially all the Company’s assets.  The Company may issue additional debt from time to time pursuant to the Indenture.\n\n \n\nThe foregoing description of the Underwriting Agreement, the Seventh Supplemental Indenture is qualified in its entirety by reference to the full text\nof such documents, which are filed as Exhibits 1 and 4.1 hereto, respectively, and incorporated herein by reference.\n\n \n\nA validity opinion issued by the Company’s counsel with respect to the Notes sold in the Offering is filed as Exhibit 5.1 hereto.\n\n \n\n1"}