Yamana Gold Inc. Yamana Gold Announces Pricing of Unsecured Notes (6745H)
05 Agosto 2021 - 1:00AM
UK Regulatory
TIDMAUY
RNS Number : 6745H
Yamana Gold Inc.
05 August 2021
YAMANA ANNOUNCES PRICING OF US$500 MILLION OF 10-YEAR UNSECURED SENIOR NOTES
TORONTO, ONTARIO, August 4, 2021 -- YAMANA GOLD INC. (TSX:YRI;
NYSE:AUY; LSE:AUY) ("Yamana" or the "Company") today announced that
it has priced an offering of US$500 million aggregate principal
amount of its 2.630% Senior Notes due August 15, 2031. The notes
will be unsecured, senior obligations of Yamana and will be
unconditionally guaranteed by certain of Yamana's subsidiaries that
are also guarantors under Yamana's credit facility. The offering is
expected to close on August 6, 2021. Yamana intends to use the net
proceeds from the offering, together with cash on hand, to fund the
redemptions of its 4.76% Series C Senior Notes due 2022, its 4.91%
Series D Senior Notes due 2024, its 4.78% Series B Senior Notes due
2023 and its 4.950% Senior Notes due 2024 thereby reducing its
overall outstanding debt, reducing overall interest and carrying
charges on outstanding debt and extending outstanding debt
maturities .
The Senior Notes and the related guarantees have not been
registered under the U.S. Securities Act of 1933, as amended (the
"Securities Act"), and may not be offered or sold in the United
States absent registration or an applicable exemption from the
registration requirements of the Securities Act. Offers and sales
in Canada will be made only pursuant to exemptions from the
prospectus requirements of applicable Canadian provincial or
territorial securities laws. This news release does not constitute
an offer to sell or the solicitation of an offer to buy any
security in the United States or in any other jurisdiction.
About Yamana
Yamana is a Canadian-based precious metals producer with
significant gold and silver production, development stage
properties, exploration properties, and land positions throughout
the Americas, including Canada, Brazil, Chile and Argentina. Yamana
plans to continue to build on this base through expansion and
optimization initiatives at existing operating mines, development
of new mines, the advancement of its exploration properties and, at
times, by targeting other consolidation opportunities with a
primary focus in the Americas.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Investor Relations
416-815-0220
1-888-809-0925
Email: investor@yamana.com
FTI Consulting (UK Public Relations)
Sara Powell / Ben Brewerton
+44 7931 765 223 / +44 203 727 1000
Peel Hunt LLP (Joint UK Corporate Broker)
Ross Allister / David McKeown / Alexander Allen
Telephone: +44 (0) 20 7418 8900
Berenberg (Joint UK Corporate Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Telephone: +44 (0) 20 3207 7800
Credit Suisse (Joint UK Corporate Broker)
Ben Lawrence / David Nangle
Telephone: +44 (0) 20 7888 8888
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news
release contains or incorporates by reference "forward-looking
statements" and "forward-looking information" under applicable
Canadian securities legislation and within the meaning of the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking information includes, but is not limited to,
information with respect to the expected closing date of the
offering and Yamana's expected use of proceeds from the offering.
Forward-looking statements are characterized by words such as
"plan", "expect", "budget", "target", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or
statements that certain events or conditions "may" or "will" occur.
Forward-looking statements are based on the opinions, assumptions
and estimates of management considered reasonable at the date the
statements are made, and are inherently subject to a variety of
risks and uncertainties and other known and unknown factors that
could cause actual events or results to differ materially from
those projected in the forward-looking statements. These factors
include unanticipated changes to the scheduled closing date for the
offering, to Yamana's cash on hand and use of proceeds from the
offering, as well as those risk factors discussed or referred to in
the Company's Annual Information Form filed with the securities
regulatory authorities in all provinces of Canada and available at
www.sedar.com, and the Company's Annual Report on Form 40-F filed
with the United States Securities and Exchange Commission. Although
the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other
factors that cause actions, events or results not to be
anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. The Company undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates, assumptions or opinions should change,
except as required by applicable law. The reader is cautioned not
to place undue reliance on forward-looking statements. The
forward-looking information contained herein is presented for the
purpose of assisting investors in understanding the Company's
plans, objectives and expectations in connection with the offering,
and may not be appropriate for other purposes.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IODFIFSVTFIEIIL
(END) Dow Jones Newswires
August 05, 2021 02:00 ET (06:00 GMT)
Yamana Gold (LSE:AUY)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Yamana Gold (LSE:AUY)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024