Newmont Goldcorp Announces Proposed Offering of Senior Notes
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (formerly known as Newmont Mining Corporation) (“Newmont Goldcorp” or the “Company”) announced today its intention to offer, subject to market and other conditions, senior unsecured notes pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission. The notes will be guaranteed on a senior unsecured basis by the Company’s subsidiary Newmont USA Limited.
The Company intends to use the net proceeds of this offering for repayment of the Company’s outstanding 5.125% senior notes due October 1, 2019, supplemented with cash from its balance sheet, as necessary, and any remaining portion for general corporate purposes.
Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as joint book-running managers for the offering.
This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the prospectus supplement or the shelf registration statement or prospectus.
Copies of the preliminary prospectus supplement and accompanying prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, may be obtained from Goldman Sachs & Co. LLC by calling toll-free at (866) 471-2526, or J.P. Morgan Securities LLC by calling collect at (212) 834-4533. An electronic copy may also be obtained at www.sec.gov.
About Newmont Goldcorp
Newmont Goldcorp is the world’s leading gold company and a producer of copper, silver, zinc and lead. Newmont Goldcorp’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont Goldcorp is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. Newmont Goldcorp is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont Goldcorp was founded in 1921 and has been publicly traded since 1925.