Newmont Retires $575 Million of Convertible Senior Notes

July 17, 2017

Responsive image

DENVER–(BUSINESS WIRE)–Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced it retired $575 million of principal under its 1.625% convertible senior notes due July 15, 2017. Since 2013, Newmont has streamlined its balance sheet and reduced its gross debt by over 30% and its net debt by nearly 70%. “The full repayment of our Convertible Notes continues the deleveraging and simplification of our balance sheet we began in 2013,” said Nancy Buese, Executive Vice Preside

Category: General