Newmont Corporation Announces Pricing of the Tender Offers for its 3.700% Notes due 2023 and Goldcorp’s 3.700% Notes due 2023

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[{"type":"text","content":"DENVER / Dec 17, 2021 / Business Wire / Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) announced today the pricing terms of the previously announced offers (each, a “Tender Offer” and, together, the “Tender Offers”) to purchase for cash any and all of the outstanding (i) 3.700% Notes due 2023 issued by Newmont (the “Newmont Notes”) and (ii) 3.700% Notes due 2023 issued by Goldcorp Inc., a wholly-owned subsidiary of Newmont (the “Goldcorp Notes” and, together with the Newmont Notes, the “Notes”). The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase and consent solicitation statement, dated December 6, 2021 (the “Offer to Purchase”). The total consideration to be paid for each series of Notes accepted for purchase pursuant to the applicable Tender Offer was determined by reference to (i) the applicable fixed spread for such series of Notes set forth in the table below and (ii) the applicable yield (the “Reference Yield) for such series of Notes based on the bid side price of the U.S. Treasury Security set forth in the table below (the “Total Consideration”). The applicable Reference Yield for each series of Notes was calculated in accordance with standard market practice at 10:00 a.m., New York City time, on December 17, 2021. The Total Consideration for each series of Notes includes an early tender payment (the “Early Tender Payment”) of $50.00 per $1,000 principal amount of Notes of each series validly tendered (and not validly withdrawn) and accepted for purchase pursuant to the applicable Tender Offer. The following table sets forth the pricing information for each Tender Offer: Title ofSecurity   Issuer   CUSIPNumbers   Reference U.S.Treasury Security   ReferenceYield   Fixed Spread(Basis Points)   TotalConsideration(1)(2) 3.700% Notes due 2023   Newmont Corporation   651639 AS5 651639 AT3 U65163 AC8   0.500% UST due 03/15/2023   0.417%   25   $1,037.27 3.700% Notes due 2023   Goldcorp Inc.   380956 AD4   0.500% UST due 03/15/2023   0.417%   25   $1,037.27 Includes an early tender payment of $50.00 per $1,000 principal amount of Notes of each series validly tendered (and not validly withdrawn) and accepted for purchase pursuant to the applicable Tender...

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