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| Home : Kinross Completes US$500 Million Unsecured Debt Offering |
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Mar 07
2014 |
Kinross Completes US$500 Million Unsecured Debt Offering |
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TORONTO, ONTARIO--(Marketwired - March 6, 2014) - Kinross Gold Corporation (TSX:K)(NYSE:KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 5.95% Senior Notes due 2024. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds to repay a portion of its term loan, which is due August 2017. |
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| Source:http://www.marketwired.com/mw/release.do?id=1886425&sourceType=3 |
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