Coeur d'Alene Mines Corporation announced the pricing of its offering of $300,000,000 of 7.875% Senior Notes due 2021 to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended. The coupon on the Notes will be 7.875% per year from the date of issuance, payable semi-annually in arrears. The Notes will mature on February 1, 2021.

The transaction is expected to close on or about January 29, 2013, subject to the satisfaction of various customary closing conditions. The Notes will be fully and unconditionally guaranteed by certain of the company's subsidiaries. The company intends to use the net proceeds from the Notes offering to fund internal and external growth initiatives and for general corporate purposes, which may include repurchasing 3.25% Convertible Senior Notes due 2028 that are put to the Company at or after March 15, 2013.