Kinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024
The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.
- The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.
- Kinross intends to use the net proceeds from the offering to redeem all US$500 million aggregate principal of its outstanding 5.95% senior notes due 2024 (the “2024 Notes”).
- As of the date of this news release, Kinross has not issued a notice of redemption in respect of the 2024 Notes.
- This news release shall not constitute a notice of redemption with respect to the 2024 Notes.