New York, January 24, 2013 -- Moody's Investors Service ("Moody's) assigned first-time ratings to Coeur d'Alene Mines ("Coeur"), including a B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating, and SGL-2 Speculative Grade Liquidity Rating. Moody's also assigned a B3 rating to the company's proposed $200 million senior unsecured notes due 2021. Proceeds of the notes will be used to fund capital expenditures and for general corporate purposes, which may include redeeming 3.25% Convertible Senior Notes due 2028 that are put to the company at or after March 15, 2013. The rating outlook is stable.
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