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Kinross Announces US$1 Billion Unsecured Debt Offering |
August 17, 2011
TORONTO, ONTARIO--(Marketwire - Aug. 16, 2011) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) ("Kinross") announced today that it has priced a US$1 billion offering of debt securities, consisting of US$250 million principal amount of its 3.625% Senior Notes due 2016, US$500 million principal amount of its 5.125% Senior Notes due 2021 and US$250 million principal amount of its 6.875% Senior Notes due 2041 (collectively, the "notes"). The notes will be unsecured, senior obligations of Kinross and will be wholly and unconditionally guaranteed by certain of Kinross's wholly-owned subsidiaries that are also guarantors under Kinross's amended and restated senior unsecured credit agreement. The offering is expected to close on August 22, 2011.
http://www.marketwire.com/mw/release.do?id=1550081&sourceType=3
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