Northwire Canada EditionFriday, July 31, 2026
Sign inSubscribe
Northwire
⌕
MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.415 −3.5% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.60 −1.5% GMX 1.88 +2.7% DSV 8.84 −3.1% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 32.00 +0.5% CNC 1.53 −3.2% ALGR 0.490 −7.5% MSG 0.200 −2.4% ECU 1.72 +1.8% MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.415 −3.5% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.60 −1.5% GMX 1.88 +2.7% DSV 8.84 −3.1% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 32.00 +0.5% CNC 1.53 −3.2% ALGR 0.490 −7.5% MSG 0.200 −2.4% ECU 1.72 +1.8%
Financings

Newmont releases early tender results

By The Northwire Desk — AI Analysis Aug 11, 2025 · 18:01 NGT · 94.93 Newmont Corp
NGT · Price

Executive Summary

  • Newmont Corp. announced early tender results for its $2 billion aggregate cap of outstanding senior notes, indicating that the total amount tendered exceeds the pool limits and that purchases will be prorated according to priority rules.
  • The company increased both the Pool 1 maximum amount (to $1,000,030,000) and the overall aggregate cap (to $2,000,030,000).
  • Holders of notes accepted for purchase will receive an early tender payment of $50 per $1,000 principal plus accrued interest, with settlement expected around August 13, 2025.

Key Details

  • Tender Pools & Limits
  • Pool 1: Maximum amount raised from $1 billion to $1,000,030,000; aggregate cap raised to $2,000,030,000.

  • Pool 2: Same increased limits apply; specific pool‑2 maximum not restated but implied to follow the new aggregate cap.

  • Notes Expected to Be Purchased (Pool 1)

  • 2.800% senior notes due 2029 – full acceptance.
  • 2.250% senior notes due 2030 – full acceptance.

  • 3.250% senior notes due 2030 – subject to proration.

  • Notes Expected to Be Purchased (Pool 2)

  • 6.250% senior notes due 2039 – full acceptance.
  • 4.875% senior notes due 2042 – full acceptance.

  • 5.750% senior notes due 2041 – subject to proration.

  • Notes Not Expected to Be Purchased

  • Pool 1: No additional notes beyond those listed above.

  • Pool 2: 5.450% notes due 2044, 5.875% notes due 2035, and 2.600% sustainability‑linked notes due 2032 will not be accepted.

  • Early Tender Payment – $50 per $1,000 principal for each series of notes accepted.

  • Accrued Interest – Holders will receive accrued and unpaid interest up to (but excluding) the early settlement date, currently expected on August 13, 2025.

  • Tender Offer Timelines

  • Early tender cutoff: 5 p.m. ET, August 8, 2025.
  • Pool 1 offer expiration: 5 p.m. ET, August 25, 2025.

  • Pool 2 offer expiration: (date not restated; same as originally disclosed).

  • Dealer Managers & Tender Agent – BMO Capital Markets, Goldman Sachs & Co., and J.P. Morgan Securities act as dealer managers; D.F. King & Co. serves as the information and tender agent.

  • Next Steps – Newmont will issue a subsequent news release specifying the total consideration for each series of notes expected to be accepted.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Newmont Corp

Oct 16, 2025 · 08:30

Globe says Newmont maintained at "buy"

None Sep 22, 2025 · 21:41

Newmont pours first gold at Ahafo North

Production / Operations Sep 19, 2025 · 15:58

Newmont completes sale of 43 million Orla shares

M&A / Property Sep 15, 2025 · 19:47

Newmont agrees to sell Coffee project for up to $150M

M&A / Property Aug 27, 2025 · 20:26

Newmont receives A3 credit rating from Moody's

Production / Operations Aug 11, 2025 · 19:00

Newmont prices $2-billion tender offers for notes

Financings