Committed to Reducing Debt and Further Strengthening Newmont's Financial Position
DENVER--BUSINESS WIRE--
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) ("Newmont" or the "Company") and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont ("Newcrest Finance" and, together with Newmont, the "Issuers") today announced the redemption of $927,754,000 in principal, fully retiring the 5.30% Notes due 2026 (the "Notes").
Including the early redemption of the 2026 Notes, Newmont will have retired approximately $1.4 billion of its debt over the last 12 months, demonstrating the Company's commitment to deleveraging and strengthening its balance sheet.
The Notes will be redeemed on February 7, 2025 (the "Redemption Date") at a redemption price equal to the applicable make-whole amount for the Notes, plus accrued and unpaid interest on the
