Moody’s rates Newmont notes Baa1

Moody's Investors Service said it assigned a Baa1 rating to Newmont Corp.'s new backed 3.25% senior unsecured notes due 2030, its 5.75% backed senior unsecured notes due 2041 and its 4.2% backed senior unsecured notes due 2050. The notes are guaranteed by Newmont USA Ltd. All other ratings are unchanged.

The new notes have been issued under exchange offers for Newcrest Finance Pty Ltd.'s notes of like amount, rate and maturity in conjunction with Newmont's recently completed acquisition of Newcrest Mining Ltd., the agency said.

The outlook is positive.

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