First Majestic Silver Corp. announced a private placement of unsecured convertible senior notes due 2027 for an aggregate principal amount of $200,000,000 on November 29, 2021. The notes will bear cash interest semi-annually at a fixed rate and be convertible by holders into common shares. The notes will be redeemable by company at its option in certain circumstances. Holders will have the right to require company to repurchase their notes upon the occurrence of certain events.