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Published on 9/5/2019 in the Prospect News Investment Grade Daily.

S&P rates Newmont Goldcorp notes BBB

S&P said it assigned a BBB rating to Newmont Goldcorp Corp.’s proposed offering of $600 million senior unsecured notes due 2029.

The notes will rank with the company’s existing senior unsecured notes. The notes will be guaranteed by Newmont USA Ltd.

Proceeds will be used to repay the company’s remaining $626 million of unsecured notes due 2019.


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