Newmont Goldcorp Closes Senior Notes Offering of $700 Million at 2.800%
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today that it has received aggregate net proceeds of approximately $690 million, after deducting underwriting discounts (before expenses), upon the closing of its registered public offering of $700 million principal amount of 2.800% Senior Notes due 2029.
- Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today that it has received aggregate net proceeds of approximately $690 million, after deducting underwriting discounts (before expenses), upon the closing of its registered public offering of $700 million principal amount of 2.800% Senior Notes due 2029.
- The Notes are senior unsecured obligations of the Company and rank equally with the Companys existing and future unsecured senior debt and senior to the Companys future subordinated debt.
- The Notes are guaranteed on a senior unsecured basis by the Companys subsidiary, Newmont USA Limited.
- The Company intends to use the net proceeds of this offering for repayment of the Companys outstanding 5.125% senior notes due October 1, 2019 and any remaining portion for general corporate purposes.