Newmont Corporation Announces Pricing of its Tender Offers for $2 billion of Certain Outstanding Series of Notes
The table below sets forth, among other things, the Total Consideration for each series of such Notes, as calculated at
|
Title of Security |
CUSIP |
Aggregate Principal Amount Outstanding |
Maximum Amount(1) |
Acceptance Priority Level(2) |
|
Bloomberg Reference Page |
Fixed Spread |
Reference Yield |
Total Consideration(3)(4) |
Pool 1 Tender Offers |
2.800% senior notes due 2029 |
651639AX4 |
|
|
1 |
3.500% UST due |
FIT6 |
+20 bps |
3.800% |
|
2.250% senior notes due 2030 |
651639AY2 |
|
2 |
4.625% UST due |
FIT6 |
+20 bps |
3.858% |
|
||
3.250% notes due 2030(5) |
65163LAB5 / 65163LAH2 / 65163LAA7 / Q6684MAA1 / 65163LAG4 / Q6684MAD5 / Q66511AE8 / 65120FAD6 |
|
3 |
0.625% UST due |
FIT6 |
+25 bps |
3.834% |
|
||
Pool 2 Tender Offers |
6.250% senior notes due 2039 |
651639AM8 |
|
|
1 |
4.250% UST due |
FIT1 |
+85 bps |
4.265% |
|
4.875% senior notes due 2042 |
651639AP1 |
|
2 |
5.000% UST due |
FIT1 |
+45 bps |
4.819% |
|
||
5.750% notes due 2041(6) |
65163LAD1 / 65163LAK5 / 65163LAC3 / Q6684MAB9 / 65163LAJ8 / Q6684MAE3 / Q66511AB4 / 65120FAB0 |
|
3 |
5.000% UST due |
FIT1 |
+55 bps |
4.819% |
|
(1) |
The Pool 1 Maximum Amount of |
|
(2) |
Subject to the Aggregate Cap, the Maximum Amounts and proration, if applicable, the aggregate principal amount of each series of Notes that is purchased in each Tender Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order) specified in this column. |
|
(3) |
Includes an early tender payment of |
|
(4) |
The Total Consideration for each series of Notes validly tendered prior to or at the Early Tender Date and accepted for purchase is calculated using the applicable Fixed Spread and is inclusive of the applicable Early Tender Payment (as defined below). The Total Consideration for each series of Notes does not include the applicable Accrued Interest, which will be payable in addition to the applicable Total Consideration. |
|
(5) |
Notes with CUSIPs 65163LAB5, 65163LAH2, 65163LAA7, Q6684MAA1, 65163LAG4 and Q6684MAD5 are co-issued with |
|
(6) |
Notes with CUSIPs 65163LAC3, Q6684MAB9, 65163LAJ8, Q6684MAE3, 65163LAD1 and 65163LAK5 are co-issued with |
In addition to the applicable Total Consideration for each series of Notes, holders who have validly tendered (and not validly withdrawn) their Notes at or prior to
The applicable Total Consideration listed in the table above will be paid per
Neither the Offer to Purchase nor any related documents have been filed with the
This press release does not constitute an offer to purchase, or a solicitation of an offer to sell, or the solicitation of tenders with respect to, the Notes or any other securities. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, purchase or sale would be unlawful. The Tender Offers are being made solely pursuant to the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. None of
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Cautionary Statement Regarding Forward Looking Statements:
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which are intended to be covered by the safe harbor created by such sections and other applicable laws. All statements regarding the expiration and closing of the Tender Offers and future satisfaction of terms and subject to the conditions set forth in the offer to purchase that are not statements of historical fact are forward-looking statements. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to risks and uncertainties. Actual results could differ materially from those expressed in or implied by the forward-looking statements contained in this release because of a variety of factors, including, but not limited to, general market conditions which might affect the Tender Offers and other factors identified in the offer to purchase and the Company’s periodic reports. For a discussion of such risks and other factors that might impact future looking statements, see Newmont’s Annual Report on Form 10-K for the year ended
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