The Prospector News

Kinross announces US$1.0 billion term loan

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Kinross announces US$1.0 billion term loan

 

 

 

 

 

Kinross Gold Corporation (TSX:K) (NYSE:KGC) announced that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on March 7, 2025, has no mandatory amortization payments, and has a flexible repayment schedule.

 

Kinross used the proceeds of the financing to repay amounts drawn under its US$1.5 billion revolving credit facility in connection with the closing of its acquisition of Great Bear Resources Ltd. Joint Lead Arrangers were The Bank of Nova Scotia, HSBC Bank Canada and RBC Capital Markets.

 

About Kinross Gold Corporation

 

Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile, Ghana and Canada. Our focus is on delivering value based on the core principles of operational excellence, balance sheet strength, disciplined growth and responsible mining. Kinross maintains listings on the Toronto Stock Exchange and the New York Stock Exchange.

 

Posted March 8, 2022

Share this news article

MORE or "UNCATEGORIZED"


IMPACT Silver Announces Closing of C$16.0 Million Bought Deal LIFE Private Placement

IMPACT Silver Corp. (TSX-V: IPT) (OTCQB: ISVLF) (FSE: IKL) is ple... READ MORE

September 17, 2025

Minera Alamos Announces Completion of C$135 Million Bought Deal Offering

Minera Alamos Inc. (TSX-V: MAI) is pleased to report that the Com... READ MORE

September 17, 2025

Tier One Silver Closes $6.5 Million Oversubscribed Equity Financing

Tier One Silver Inc. (TSX-V: TSLV) (OTCQB: TSLVF) is pleased to announce... READ MORE

September 17, 2025

Pine Ridge Uranium Project Delivers Excellent Initial Drill Results

Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) a... READ MORE

September 17, 2025

Hercules Metals Intersects 81 m of 1.5% Copper Within 346 m of 0.66% Copper in First 2025 Drill Hole Completed at the Leviathan Porphyry System in Idaho

Strong hypogene enrichment intersected in first 220 m step-out; s... READ MORE

September 17, 2025

Copyright 2025 The Prospector News