Fixed Income Investors

Eurobond

In October 2019, the Group raised US$ 400 million in a 5-year Eurobond issue. The notes were issued by Celtic Resources Holdings DAC, a wholly-owned subsidiary of Nordgold, and are guaranteed by certain subsidiaries of the Group.

This is the second Eurobond issued by Nordgold since its establishment in 2007. In 2013, Nordgold raised US$500 million in its debut 5-year Eurobond issue which was redeemed in 2018.

Details

Company (as Borrower) Nordgold
Offering US$ 400,000,000
4.125%
Guaranteed Notes due 2024
The Notes guaranteed by The Notes are guaranteed by the following subsidiaries of Nordgold: "Neryungri-Metallik" LLC, "Rudnik Taborny" LLC, "Berezitovy Rudnik" LLC, JSC FIC Alel, Société Minière de Dinguiraye and High River Gold Mines Ltd
Settlement Date 9 October 2019
Maturity Date 9 October 2024
Interest 4.125% per annum payable semi-annually in arrears, on 9 April and 9 October, commencing on 9 April 2020
Joint global coordinators and bookrunners Citigroup Global Markets Limited, J.P. Morgan Securities plc and Société Générale
Joint bookrunners GPB Financial Services Hong Kong Limited, ING Bank N.V., London Branch, Sberbank CIB (UK) Limited and VTB Capital plc
Joint lead manager PJSC Sovcombank

Contacts

Corporate Communications
Procurement Department