Kinross Gold Corporation Announces Senior Notes Redemption
(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)
TORONTO -- Kinross Gold Corporation (TSX: K; NYSE: KGC) has recently communicated its intention to redeem all outstanding 4.50% Senior Notes due July 15, 2027, amounting to a total principal of $500 million. The scheduled date for this redemption is December 4, 2025.
Details of the Redemption Process
The redemption price will be established in alignment with the terms set forth in the notes. This amount will incorporate any accrued and unpaid interest up to, but not extending past, the defined redemption date. Following this date, interest on the notes will no longer accrue.
Financial Impact Post-Redemption
After effecting this redemption, Kinross will maintain an outstanding aggregate principal of $750 million in Senior Notes. The company’s next scheduled maturity for Senior Notes will occur on July 15, 2033, involving an additional $500 million.
Contact Information for Queries
For any inquiries related to the redemption of these notes, stakeholders are encouraged to reach out to Computershare Corporate Trust. They can be contacted in person at their offices located at 1505 Energy Park Drive, St Paul, MN 55108. Additionally, they are available via facsimile at (877) 407-4679, through telephone at (800) 344-5128, or via email at cctbondholdercommunications@computershare.com.
Understanding Kinross Gold Corporation
Kinross Gold Corporation stands as a leading global player in the gold mining sector, with operations spanning multiple regions, including Brazil, Mauritania, Chile, and Canada. The company emphasizes its commitment to responsible mining, operational efficiency, and a robust growth strategy, all while maintaining solid financial health. Kinross is publicly listed on the Toronto Stock Exchange with the ticker symbol K and on the New York Stock Exchange as KGC.
Media and Investor Relations
For media inquiries, interested parties can reach Samantha Sheffield, the Director of Corporate Communications, at 416-365-3034 or via email at Samantha.Sheffield@Kinross.com.
Investors seeking additional information can connect with David Shaver, the Senior Vice-President of Investor Relations and Communications, at 416-365-2854 or through email at InvestorRelations@Kinross.com.
Frequently Asked Questions
What are the details of Kinross's Senior Notes redemption?
Kinross plans to redeem $500 million in Senior Notes on December 4, 2025.
How many Senior Notes will Kinross have after the redemption?
Post-redemption, Kinross will have $750 million in Senior Notes outstanding.
What is the maturity date for Kinross's next Senior Notes?
The next maturity date is set for July 15, 2033, involving an additional $500 million.
How can stakeholders inquire about the redemption process?
Stakeholders can reach Computershare Corporate Trust for inquiries.
Where can I find more information about Kinross?
Kinross is a major gold mining company operating in various countries with a focus on responsible mining and financial stability.
