Kinross announces US$500 million unsecured 10-year debt offering - "Kinross Gold Corporation (TSX:K.TO) (KGC) announced today that it has priced an offering of debt securities consisting of US$500 million principal amount of its 4.50% senior notes, due 2027. The notes will be unsecured, senior obligations of Kinross and will be wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. The offering is expected to close on July 6, 2017. Kinross intends to use the net proceeds, along with available cash on hand, to repay its term loan, which is due August 2020." More
- 06/29/17 | Item |


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