Newmont gives results in tender offers for two series of notes

By Rebecca Melvin

New York, April 1 – Newmont Corp. announced the results of its cash tender offers for two series of notes tendered after the early tender deadline.

As of the expiration at 11:59 ET on March 31, the following notes were tendered:

• $4,988,000 aggregate principal amount was accepted for purchase of $43,795,000 tendered of the $992,105,000 outstanding amount of 3.5% senior notes due 2022 (Cusips: 651639AN6, 651639AS5). The total consideration per bond tendered was $1,024.78 per $1,000 of notes, which excluded the $30.00 early tender premium, and:

• $81,276,000 aggregate principal amount was accepted for purchase out of the same amount tendered of the $189,724,000 amount outstanding of 3.7% notes due 2023 (Cusip: 380956AD4) issued by Goldcorp Inc. for a total consideration of $1,049.31 per $1,000 of notes.

Although the original tender offers included a third bond, Newmont did not accept for purchase any further tenders of the Newmont 2023 notes as the amount of tenders exceeded the amended maximum principal tender amount at the early tender deadline.

The total tender consideration for the two series excluded a $30.00 early tender premium for every $1,000 of notes.

The dealer managers are BMO Capital Markets Corp. (212 702-1840 or 833 418-0762), Goldman Sachs & Co. LLC (212 902-6351 or 800 828-3182) and J.P. Morgan Securities LLC (212 834-3424 or 866 834-4666).

The information and tender agent is D.F. King & Co., Inc. (212 269-5550 or 866 416-0576).

The issuer is a gold and copper producer based in Denver.

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