Monday, July 17, 2017

Kinross Gold Corporation - K.t

Kinross Gold Corporation - K.t is a global gold producer from ten mines located in South America, North America, West Africa and Russia.

Production was 2.8 million gold equivalent ounces in 2016 at AISC of $987. The company expects 2017 production of between 2.5 - 2.7 million Au at AISC of $925 - $1025.

On July 6, 2017 the company released News

Kinross Gold Corporation (TSX: K)(NYSE: KGC) ("Kinross") announced today that it has closed its previously-announced offering of debt securities, consisting of US$500 million principal amount of its 4.50% Senior Notes due 2027. The notes are unsecured, senior obligations of Kinross and are wholly and unconditionally guaranteed by certain of Kinross' wholly-owned subsidiaries that are also guarantors under Kinross' senior unsecured credit agreement. Kinross intends to use the net proceeds, along with available cash on hand, to repay its term loan, which is due August 2020.