HudBay Minerals Inc. ("Hudbay" or the "company")announced the closing of a US$300 million corporate revolving credit facility. On February 19, 2015, Hudbay announced that it had received commitments from a syndicate of Canadian banks, including its current lenders, to increase the size of its corporate revolving credit facility from US$100 million to US$250 million. Due to strong interest from its lenders, Hudbay has further increased the size of the credit facility to US$300 million.

The new US$300 million revolving credit facility is on substantially similar terms to the US$100 million credit facility that it replaced and was co-arranged by The Bank of Nova Scotia and Canadian Imperial Bank of Commerce. It is intended to provide the company with additional liquidity as its Constancia project ramps up to commercial production and to support the growth of its business. The new credit facility matures in March 2018.