BUZZ-Silvercorp slides on convertible debt deal launch

** U.S.-listed shares of Silvercorp Metals SVM.N down 16.1% to $3.40 post-market as Canadian mining co looks to raise capital ** Vancouver-based firm commences $130 mln 5-yr convertible bond deal ** It plans to use net proceeds for construction of copper-gold mining projects outside of China, for exploration/development of other projects and for working capital ** SVM shares on Tues closed down 1% at $4.05, trimming YTD gain to 54% ** Co has roughly $878 mln market cap, per LSEG data (Lance Tupper is a Reuters market analyst. The views expressed are his own) (([email protected] [email protected] 1-646-279-6380))