DEBT OFFERING
Major Canadian miner Kinross Gold has launched a $500-million unsecured ten-year debt offering which it will use, in combination with cash on hand, to repay its $500-million term loan due in 2020. Toronto-based Kinross, which has mines and projects in the US, Brazil, Russia, Mauritania, Chile and Ghana, on Wednesday said the debt offering comprises 4.5% senior notes due in 2027.
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