Newmont prices $2-billion tender offers for notes

Executive Summary

• Newmont Corp. announced the pricing of its cash tender offers to repurchase up to $2,000,030,000 principal amount of outstanding series of notes.
• The total consideration for each note series is set based on market prices as of 10 a.m. ET on Aug. 11, 2025, with early settlement expected on Aug. 13, 2025.
• 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.

Key Details

• Aggregate Cap: Up to $2,000,030,000 principal amount of notes eligible for repurchase.
• Pricing Reference: Total consideration per series calculated at 10 a.m. Eastern Time on Aug. 11, 2025 (see attached pricing table).
• Early Tender Deadline: Holders must tender (and not withdraw) by 5 p.m. ET on Aug. 8, 2025 to qualify for early settlement.
• Early Settlement Date: Expected on Aug. 13, 2025; holders will receive accrued and unpaid interest up to, but excluding, this date.
• Payment Mechanics: Consideration paid per $1,000 principal amount of each series tendered and accepted on the early settlement date.
• Dealer Managers: BMO Capital Markets Corp., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC.
• Information & Tender Agent: D.F. King & Co. Inc.
• Contact Information:
• BMO Capital Markets – 212‑702‑1840 (collect) / 833‑418‑0762 (toll‑free)
• Goldman Sachs – 212‑934‑0773 (collect) / 800‑828‑3182 (toll‑free)
• J.P. Morgan Securities – 212‑834‑3554 (collect) / 866‑834‑4666 (toll‑free)
• D.F. King – 212‑257‑2639 (banks/brokers) / 866‑342‑4881 (toll‑free)

Notable Quotes

No direct quotes were provided in the release.