Kinross to redeem $500 million in Senior Notes on June 1, 2021

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

Kinross Gold Corporation (TSX:K; NYSE:KGC) ("Kinross") announced today it will redeem all of the outstanding 5.125% Senior Notes due September 1, 2021 (the "Notes"), which have an aggregate principal amount of $500 million, on June 1, 2021 (the "Redemption Date").

The Notes will be redeemed at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest to, but not including, the Redemption Date, in accordance with the terms of the Notes. Interest on the Notes will cease to accrue from and after the Redemption Date.

After the Notes are redeemed, $1,250 million in aggregate principal amount of Kinross Senior Notes will remain outstanding, with the next maturity date on March 15, 2024 for $500 million in aggregate principal amount.

Questions regarding the redemption of the Notes issued by Kinross should be directed to Wells Fargo Bank, N.A. at Wells Fargo, CTSO Mail Operations, 600 S 4th Street, 7th floor, Minneapolis MN 55415, or at 1-800-344-5128.

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 and Ghana. 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 (symbol:K) and the New York Stock Exchange (symbol:KGC).

Media Contact
Louie Diaz
Vice-President, Corporate Communications
phone: 416-369-6469
louie.diaz@kinross.com

Investor Relations Contact
Tom Elliott
Senior Vice-President, Investor Relations
phone: 416-365-3390
tom.elliott@kinross.com

Source: Kinross Gold Corporation


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

The Conversation (0)
Gold bar and nuggets with text reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Lighthouse Gold Shines with 78 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Reuters reported on Friday (June 19) that a Panamanian government-led audit of First Quantum... Keep Reading...
David Nicholas, gold and silver bars.

David Nicholas: Gold's Next 30 Days — 10 Percent Price Pop?

David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it "very constructive." In his view, it wouldn't be surprising to see an 8 to 10 percent price increase in the next 30 days. "I think gold and silver are the next trades to do really well here," Nicholas said.Don't forget... Keep Reading...
three gold bars stacked on top of each other

DGCX Introduces First Same-Day Physical Gold Contract in Gulf

The Dubai Gold and Commodities Exchange (DGCX) will launch the Gulf region’s first same-day physically settled spot gold contract on Monday (June 22), providing bullion dealers a regulated alternative to traditional over-the-counter markets.The Gold Spot T+0 Contract allows refineries, brokers,... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Dips Back Below US$4,300 as New Fed Chair Holds Rates Steady

The US Federal Reserve held its first meeting with new Chair Kevin Warsh from Tuesday (June 16) to Wednesday (June 17) as a US-Iran peace deal is on the table and the US economy is in the midst of a three-year inflation high alongside a resilient labor market. The central bank held the federal... Keep Reading...
Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — My Summer Price Outlook

Jeffrey Christian, managing partner at CPM Group, shares his summer outlook for gold and silver prices, saying he expects consolidation within a volatile range. However, as the year continues, he believes both precious metals could move back toward highs seen earlier in 2026. Platinum and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News