Newmont Goldcorp Announces Consent Solicitation for its 5.875% Notes due 2035

Newmont Goldcorp Corporation (NYSE: NEM) (TSX: NGT) (formerly known as Newmont Mining Corporation) (Newmont Goldcorp or the Company) announced today that the Company is soliciting consents (the “Consent Solicitation”) from holders (the “Holders”) of its outstanding 5.875% Notes due 2035 (the “Notes”) to effect certain Proposed Amendments (as defined herein) to the indenture governing the Notes (the “Indenture”) upon the terms and subject to the conditions set forth in the Consent Solicitation Statement, dated August 16, 2019 (as amended or supplemented from time to time, the “Consent Solicitation Statement”). The Notes are guaranteed by Newmont USA Limited, a Delaware corporation (“Newmont USA”), and Nevada Gold Mines LLC, a Delaware limited liability company (the “JV Entity”).

The Consent Solicitation will expire at 5:00 p.m., New York City time, on August 23, 2019 (such time and date, as the same may be extended or earlier terminated in accordance with the Consent Solicitation Statement, the “Expiration Date”). Newmont Goldcorp will pay, or cause to be paid, a cash payment equal to $33.33 per $1,000 aggregate principal amount of the Notes (the “Consent Fee”) for which Holders have validly delivered (and not validly revoked) their consents to the Proposed Amendments on or prior to the Expiration Date.

Pursuant to a support agreement, Holders of a majority in aggregate principal amount of the Notes have agreed to consent to the Proposed Amendments.

Certain details regarding the Notes and the Consent Solicitation are set forth in the table below.

Title of Security		CUSIP No.		Aggregate Principal Amount Outstanding		Consent Fee(1)
5.875% Notes due 2035		651639 AE6		$600,000,000		$33.33

(1) The Consent Fee for the Consent Solicitation is an amount per $1,000 principal amount of the Notes for which a Holder has validly delivered (and not validly revoked) consents to the Proposed Amendments on or prior to the Expiration Date.

Newmont Goldcorp is soliciting consents pursuant to the Consent Solicitation (i) to release the JV Entity as a guarantor of the Indenture and the Notes (the “Proposed Guaranty Release”) and (ii) to conform the provisions of the guarantor merger covenant in the Indenture to the corresponding provisions in the indenture governing Newmont Goldcorp’s Notes due 2019, Notes due 2022, Notes due 2039 and Notes due 2042 (the “Conforming Amendment” and, together with the Proposed Guaranty Release, the “Proposed Amendments”). Except for the Proposed Amendments, all of the existing terms of the Indenture and the Notes will remain unchanged and in effect in their current form.