Newmont Mining (NEM) has released an update.
Newmont Corporation has successfully priced a significant private offering of $2 billion in senior notes, split equally between 5.300% notes due in 2026 and 5.350% notes due in 2034. These notes will be guaranteed by Newmont’s subsidiaries and are aimed exclusively at qualified institutional buyers, with the closing expected by March 7, 2024. The company plans to facilitate the exchange of these notes for registered notes or register their resale to comply with securities regulations.
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