Endeavour Silver falls after $300 mln convertible bond sale

U.S.-listed shares of Endeavour Silver Corp EXK.N down 4.6% premarket at $8.97 after Canadian miner secures capital raise

Endeavour late Mon announced pricing private offering of $300 mln 0.25% convertible bonds due 2031

Initial conversion price of about $12.455 is a 32.5% premium to stock's last close of $9.40

U.S.-listed EXK shares on Mon fell 5.3% after co unveiled the offering to repay its debt facility with ING Capital and Societe Generale to fund advancement of its Pitarrilla project in Mexico, and for general corporate purposes, including strategic opportunities

Through Mon, EXK shares up 157% YTD

Spot silver XAG= currently down 1.7% to $57.01 per ounce on Tues, retreating from a record high hit on Mon GOL/