bonds

US$1 Billion Corporate Bonds Issued by Newcrest Mining


Australia's largest gold mining company, Newcrest Mining (ASX:NCM) have issues US$1 billion in corporate bonds in a bid to repay the company's $2.5 billion debt.

  • Newcrest's bonds include $US750 million in senior unsecured notes, due 1 October 2022 with a coupon of 4.2 percent.
  • There was a further issue of $US250 million of senior unsecured notes, due 15 November 2041, with a coupon of 5.75 per cent.
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