Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Newmont Mining Prices Public Offering Of $2.5 Bln Senior Notes - Quick Facts

RELATED NEWS
Trade NEM now with 

Newmont Mining Corp (NEM: Quote) announced the pricing of public offering of $2.5 billion of senior notes. This consists of 3.500% senior notes due 2022 in the principal amount of $1.5 billion and 4.875% senior notes due 2042 in the principal amount of $1.0 billion. The offering is expected to close on March 8, 2012.

The company estimates offering net proceeds, after expenses, will be about $2.460 billion.

The Company intends to use offering proceeds for repayment of senior revolving credit facility, settlement of swaps contracts and general corporate purposes.

Click here to receive FREE breaking news email alerts for Newmont Mining Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.